PAN AMERICAN SILVER CORP (PAAS) Stock Technical Analysis
USA - NYSE:PAAS - CA6979001089 - Common Stock
38.44 USD
-3.59 (-8.54%)
38.71 USD
+0.27 (+0.7%)
Overall PAAS gets a technical rating of 10 out of 10. Both in the recent history as in the last year, PAAS has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that PAAS is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by PAAS over the past year are nicely spread over this period.
PAAS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PAAS is lagging the market slightly.
PAAS has an average volume of 6365970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PAAS is an average performer in the Metals & Mining industry, it outperforms 53% of 156 stocks in the same industry.
In the last month PAAS has a been trading in the 36.36 - 42.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PAAS has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
25.40
38.82
3 important support areas can be observed.
- A support zone ranging from 38.43 to 38.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.30 to 31.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.66 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PAAS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PAAS is neutral. |
| ChartMill Relative Strength | 91.88 | POSITIVE | PAAS has a high relative strength, it outperformed 91.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PAAS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PAAS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PAAS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.95 | NEUTRAL | The RSI value for PAAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests PAAS has a negative trend. |
| Stochastics (14,3) | 65.44 | NEUTRAL | The Stochastics value for PAAS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for PAAS suggests some volalility. |
| Average Directional Index/ADX (14) | 26.71 | POSITIVE | The high ADX value value for PAAS suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
38.44
-3.59 (-8.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-8.54%
1 Week-0.16%
2 Weeks-1.61%
1 Month5.43%
3 Month36.85%
6 Month41.32%
12 Month57.48%
2 Year163.11%
3 Year140.55%
5 Year20.88%
10 Year407.79%
15 Year20.43%
Volatility
ATR(14)1.88
ATR(20)%4.48%
ATR Inc79.06%
Range Today3.74
ADR(20)1.5
ADR(20)%3.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.88
Mansfield2.97
10 Day High42.57
10 Day Low37.7
20 Day High42.57
20 Day Low36.36
52 Week High42.57
52 Week Low19.8
CS1 End38.43
CR1 StartN/A
Volume & EV
DER(3)-1.18%
DER(5)-0.51%
Volume9.49M
Volume Incr5.42%
Vol(5)7.77M
Vol(50)6.37M