
PATTERSON METALS CORP (PAT.CA) Technical Analysis
TSX:PAT • CA70344Q1000
Current stock price
PAT.CA Technical Rating and Analysis
Overall PAT gets a technical rating of 1 out of 10. PAT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, PAT is a bad performer in the overall market: 98% 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. The S&P500 Index however is trading in the upper part of its 52 week range, so PAT is lagging the market.
- In the last month PAT has a been trading in the 0.34 - 0.46 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 7188 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
PAT.CA Weekly and Daily overview Charts
PAT.CA Setup Rating and Analysis
Although the technical rating is bad, PAT does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for PAT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
PAT.CA Support and Resistance Analysis
0.35
We found 1 important support area.
- Support @0.35 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- 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 @0.66 from a trend line in the weekly time frame.
- Resistance @0.72 from a trend line in the daily time frame.
- Resistance @0.74 from a horizontal line in the daily time frame.
PAT.CA 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 | DOWN | NEGATIVE | The long term trend for PAT.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PAT.CA is neutral. |
| ChartMill Relative Strength | 2.96 | NEGATIVE | PAT.CA has a low relative strength, it was outperformed by 97.04% 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) | 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) | 52.63 | 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) | 50.26 | NEUTRAL | The Stochastics value for PAT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.59 | HIGH VOLATILITY | The high ATR as a percentage value for PAT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.46 | NEGATIVE | The low ADX value for PAT.CA suggests a weak or negative trend. |
PAT.CA Chart- and CandleStick Pattern Analysis
PAT.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:PAT (3/16/2026, 7:00:00 PM)
0.415
+0.03 (+7.79%)
PATTERSON METALS CORP / PAT.CA TA FAQ
What is the ChartMill technical rating of PATTERSON METALS CORP (PAT.CA) stock?
ChartMill assigns a technical rating of 1 / 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 52.6314. 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 support level at 0.35 and a resistance level at 0.47. Check the full technical report for our detailed analysis of PAT.CA support and resistance levels.