PATTERSON METALS CORP (PAT.CA) Stock Technical Analysis
TSX:PAT • CA70344Q1000
Taking everything into account, PAT scores 4 out of 10 in our technical rating. In the last year, PAT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, PAT is a bad performer in the overall market: 90% of all stocks are doing better.
- PAT is part of the Aerospace & Defense industry. There are 13 other stocks in this industry, of which 75% are performing better than PAT.
- 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 10119 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month PAT has a been trading in the 0.28 - 0.46 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- PAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PAT is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PAT 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
0.45
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.67 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 | NEUTRAL | NEUTRAL | The long term trend for PAT.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PAT.CA is neutral. |
| ChartMill Relative Strength | 10.07 | NEGATIVE | PAT.CA has a low relative strength, it was outperformed by 89.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PAT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PAT.CA is below the rising 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) | 53.03 | NEUTRAL | The RSI value for PAT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PAT.CA has a positive trend. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests PAT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.5 | HIGH VOLATILITY | The high ATR as a percentage value for PAT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.92 | NEGATIVE | The low ADX value for PAT.CA suggests a weak or negative trend. |
TSX:PAT (2/12/2026, 7:00:00 PM)
0.45
-0.01 (-1.1%)
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 4 / 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 53.0304. This indicates that the stock is currently neutral.
What is the support and resistance level for PAT stock?
PATTERSON METALS CORP (PAT.CA) has a resistance level at 0.47. Check the full technical report for our detailed analysis of PAT.CA support and resistance levels.