PALLADIUM ONE MINING INC (PDM.CA) Technical Analysis
TSX-V:PDM • CA69644D1087
Current stock price
PDM.CA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to PDM. PDM 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.
- 93% of all other stocks performed better in the past year than PDM.
- PDM is one of the lesser performing stocks in the Metals & Mining industry. 86% of 801 stocks in the same industry do better.
- PDM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month PDM has a been trading in the 0.04 - 0.08 range, which is quite wide. It is currently trading near the lows of this range.
PDM.CA Weekly and Daily overview Charts
PDM.CA Setup Rating and Analysis
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
PDM.CA Support and Resistance Analysis
0.04
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.
PDM.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 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. |
PDM.CA Chart- and CandleStick Pattern Analysis
PDM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:PDM (3/20/2024, 7:00:00 PM)
0.04
0 (0%)
PALLADIUM ONE MINING INC / PDM.CA TA 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.
What is the RSI signal for PDM stock?
PALLADIUM ONE MINING INC (PDM.CA) has an RSI value of 37.4707. This indicates that the stock is currently neutral.
What is the short term momentum for PALLADIUM ONE MINING INC (PDM.CA) stock?
The short term momentum for PALLADIUM ONE MINING INC (PDM.CA) is negative.
What is the support and resistance level for PDM stock?
PALLADIUM ONE MINING INC (PDM.CA) has a resistance level at 0.06. Check the full technical report for our detailed analysis of PDM.CA support and resistance levels.