PALLADIUM ONE MINING INC (PDM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:PDM - CA69644D1087 - Common Stock
Taking everything into account, PDM scores 0 out of 10 in our technical rating. PDM'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 technical rating of PDM 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
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We found 1 important resistance area.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 PDM.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PDM.CA is down. |
| ChartMill Relative Strength | 7.59 | NEGATIVE | PDM.CA has a low relative strength, it was outperformed by 92.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PDM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PDM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PDM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.47 | NEUTRAL | The RSI value for PDM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PDM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25 | NEUTRAL | The Stochastics value for PDM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 15 | HIGH VOLATILITY | The high ATR as a percentage value for PDM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.67 | POSITIVE | The high ADX value value for PDM.CA suggests a strong trend. |
TSX-V:PDM (3/20/2024, 7:00:00 PM)
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0 (0%)
PALLADIUM ONE MINING INC / PDM.CA FAQ
What is the ChartMill technical rating of PALLADIUM ONE MINING INC (PDM.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to PDM.CA.
Can you provide the trend direction for PALLADIUM ONE MINING INC?
The current trend direction for PALLADIUM ONE MINING INC (PDM.CA) is Bearish.
Can you provide the RSI signal for PALLADIUM ONE MINING INC?
PALLADIUM ONE MINING INC (PDM.CA) has an RSI value of 37.4707. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PALLADIUM ONE MINING INC?
The MACD indicator for PALLADIUM ONE MINING INC (PDM.CA) has a value of -0.000892471, indicating a bearish trend.
What is the buy/sell signal for PDM stock?
The buy/sell signal for PALLADIUM ONE MINING INC (PDM.CA) is sell as both the short term and long term trends are negative.