PATTERSON METALS CORP (PAT.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:PAT - CA70344Q1000 - Common Stock
Overall PAT gets a technical rating of 0 out of 10. PAT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, PAT is a bad performer in the overall market: 89% of all stocks are doing better.
- PAT is part of the Aerospace & Defense industry. There are 13 other stocks in this industry, of which 83% are performing better than PAT.
- PAT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month PAT has a been trading in the 0.28 - 0.69 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Warning: PAT has an average volume of 10957 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of PAT is bad and it also does not present a 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
0.41
When analyzing the resistance we notice 2 important areas.
- Resistance @0.68 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.73 to 0.74. This zone is formed by a combination of multiple trend lines in the daily 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 | DOWN | NEGATIVE | The long term trend for PAT.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAT.CA is down. |
| ChartMill Relative Strength | 11.84 | NEGATIVE | PAT.CA has a low relative strength, it was outperformed by 88.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PAT.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PAT.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PAT.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.82 | NEUTRAL | The RSI value for PAT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PAT.CA has a positive trend. |
| Stochastics (14,3) | 71.1 | NEUTRAL | The Stochastics value for PAT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.6 | HIGH VOLATILITY | The high ATR as a percentage value for PAT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18 | NEGATIVE | The low ADX value for PAT.CA suggests a weak or negative trend. |
TSX:PAT (1/21/2026, 7:00:00 PM)
0.41
+0.01 (+3.8%)
PATTERSON METALS CORP / PAT.CA FAQ
What is the ChartMill technical rating of PATTERSON METALS CORP (PAT.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to PAT.CA.
What is the current trend direction of PATTERSON METALS CORP (PAT.CA) stock?
The current trend direction for PATTERSON METALS CORP (PAT.CA) is Bearish.
What is the RSI signal for PAT stock?
PATTERSON METALS CORP (PAT.CA) has an RSI value of 48.8234. This indicates that the stock is currently neutral.
What is the buy/sell signal for PAT stock?
The buy/sell signal for PATTERSON METALS CORP (PAT.CA) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for PATTERSON METALS CORP (PAT.CA) stock?
PATTERSON METALS CORP (PAT.CA) has a resistance level at 0.68. Check the full technical report for our detailed analysis of PAT.CA support and resistance levels.