PAN AMERICAN SILVER CORP (PAAS) Technical Analysis
NYSE:PAAS • CA6979001089
Current stock price
51.81 USD
-0.48 (-0.92%)
At close:
51.87 USD
+0.06 (+0.12%)
After Hours:
PAAS Technical Rating and Analysis
Overall PAAS gets a technical rating of 4 out of 10. Although PAAS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month PAAS has a been trading in the 50.51 - 60.55 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- 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 one of the better performing stocks in the Metals & Mining industry, it outperforms 70% of 163 stocks in the same industry.
- PAAS has an average volume of 6693640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- PAAS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PAAS is lagging the market.
PAAS Weekly and Daily overview Charts
PAAS Setup Rating and Analysis
PAAS has an average technical rating and it also does not offer a high quality setup 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
PAAS Support and Resistance Analysis
46.18
59.66
We found 4 important support areas.
- A support zone ranging from 50.40 to 50.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.72 from a trend line in the weekly time frame.
- Support @47.95 from a trend line in the daily time frame.
- A support zone ranging from 46.65 to 46.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 54.49 to 57.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 59.07 to 59.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
PAAS Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for PAAS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAAS is down. |
| ChartMill Relative Strength | 91.21 | POSITIVE | PAAS has a high relative strength, it outperformed 91.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAAS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PAAS is below a declining 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) | 39.94 | NEUTRAL | The RSI value for PAAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.57 | NEGATIVE | The MACD value suggests PAAS has a negative trend. |
| Stochastics (14,3) | 12.78 | OVERSOLD | The low Stochastics value suggests PAAS may be oversold. |
| Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for PAAS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.06 | NEGATIVE | The low ADX value for PAAS suggests a weak or negative trend. |
PAAS Chart- and CandleStick Pattern Analysis
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)
PAAS Technicals: Chart, Performance Metrics, Trend & Indicators
51.81
-0.48 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.92%
1 Week-7.47%
2 Weeks-12.28%
1 Month-7.1%
3 Month-5.11%
6 Month47.15%
12 Month120.09%
2 Year135.5%
3 Year240.18%
5 Year54.01%
10 Year266.41%
15 Year52.88%
Volatility
ATR(14)2.19
ATR(20)%4.12%
ATR Inc-1.17%
Range Today1.7
ADR(20)1.79
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.21
3 months CRS27.64
6 months CRS93.38
Mansfield1.28
10 Day High58.89
10 Day Low50.51
20 Day High60.56
20 Day Low50.51
52 Week High69.99
52 Week Low22.08
CS1 End50.86
CR1 Start54.49
Volume & EV
DER(3)2%
DER(5)1.87%
Volume4.45M
Volume Incr5.52%
Vol(5)4.87M
Vol(50)6.69M
PAN AMERICAN SILVER CORP / PAAS TA FAQ
What is the ChartMill technical rating of PAN AMERICAN SILVER CORP (PAAS) stock?
ChartMill assigns a technical rating of 4 / 10 to PAAS.
Can you provide the trend direction for PAN AMERICAN SILVER CORP?
The current trend direction for PAN AMERICAN SILVER CORP (PAAS) is Bearish.
Can you provide the RSI signal for PAN AMERICAN SILVER CORP?
PAN AMERICAN SILVER CORP (PAAS) has an RSI value of 39.9414. This indicates that the stock is currently neutral.
What is the short term momentum for PAN AMERICAN SILVER CORP (PAAS) stock?
The short term momentum for PAN AMERICAN SILVER CORP (PAAS) is negative.