NYSE:PAAS • CA6979001089
We assign a technical rating of 10 out of 10 to PAAS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PAAS is showing a nice and steady performance.
Although PAAS has an excellent technical rating, the quality of the presented setup is not ideal 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.
44.38
When analyzing the support we can see 5 important areas.
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 | 95.57 | POSITIVE | PAAS has a high relative strength, it outperformed 95.57% 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) | 48.43 | NEUTRAL | The RSI value for PAAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.66 | NEGATIVE | The MACD value suggests PAAS has a negative trend. |
| Stochastics (14,3) | 34.83 | NEUTRAL | The Stochastics value for PAAS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.09 | HIGH VOLATILITY | The high ATR as a percentage value for PAAS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.15 | NEGATIVE | The low ADX value for PAAS suggests a weak or negative trend. |
60.07
-0.76 (-1.25%)
ChartMill assigns a technical rating of 10 / 10 to PAAS.
The current trend direction for PAN AMERICAN SILVER CORP (PAAS) is Bullish.
PAN AMERICAN SILVER CORP (PAAS) has an RSI value of 48.4286. This indicates that the stock is currently neutral.
PAN AMERICAN SILVER CORP (PAAS) has a support level at 59.91. Check the full technical report for our detailed analysis of PAAS support and resistance levels.