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PATTERSON METALS CORP (PAT.CA) Stock Technical Analysis

TSX:PAT - Toronto Stock Exchange - CA70344Q1000 - Common Stock - Currency: CAD

0.35  -0.05 (-12.5%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to PAT. 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than PAT.
PAT is part of the Aerospace & Defense industry. There are 11 other stocks in this industry, of which 100% are performing better than PAT.
In the last month PAT has a been trading in the 0.28 - 0.66 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: PAT has an average volume of 10221 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Weekly and Daily overview Charts
PATTERSON METALS CORP / PAT Weekly stock chart
PATTERSON METALS CORP / PAT Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

0.35

0.59

When analyzing the resistance we notice 2 important areas.

  • Resistance @0.39 from a trend line in the daily time frame.
  • Resistance @0.58 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.5
10 Day Low0.28
20 Day High0.66
20 Day Low0.28
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-11.39%
2 Weeks-20.45%
1 Month-47.76%
3 Month-55.7%
6 Month-52.05%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)37.75
LBB0.32
UBB0.5
PATTERSON METALS CORP / PAT Daily stock chart

PATTERSON METALS CORP

TSX:PAT (5/7/2025, 7:00:00 PM)

0.35

-0.05 (-12.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-12.5%
1 Week-11.39%
2 Weeks-20.45%
1 Month-47.76%
3 Month-55.7%
6 Month-52.05%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%18.21%
ATR Inc-21.25%
Range Today0.04
ADR(20)0.05
ADR(20)%14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.5
10 Day Low0.28
20 Day High0.66
20 Day Low0.28
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start0.39
Volume & EV
DER(3)8.17%
DER(5)11.04%
Volume3.60K
Volume Incr53.75%
Vol(5)21.38K
Vol(50)10.22K