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PALLADIUM ONE MINING INC (PDM.CA) Stock Technical Analysis

Canada - TSX-V:PDM - CA69644D1087 - Common Stock

0.04 CAD
0 (0%)
Last: 3/20/2024, 7:00:00 PM
Technical Rating and Analysis

0

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

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, PDM is a bad performer in the overall market: 93% of all stocks are doing better.
PDM is part of the Metals & Mining industry. There are 808 other stocks in this industry, of which 86% are performing better than PDM.
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.
Weekly and Daily overview Charts
PALLADIUM ONE MINING INC / PDM Weekly stock chart
PALLADIUM ONE MINING INC / PDM Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

0.04

0.06

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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for PDM.CA is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for PDM.CA is down.
ChartMill Relative Strength7.59NEGATIVEPDM.CA has a low relative strength, it was outperformed by 92.41% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of PDM.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of PDM.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of PDM.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)37.47NEUTRALThe RSI value for PDM.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests PDM.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)25NEUTRALThe Stochastics value for PDM.CA is a neutral value.
Average True Range in percent/ATR (20)15HIGH VOLATILITYThe high ATR as a percentage value for PDM.CA suggests high volalility.
Average Directional Index/ADX (14)27.67POSITIVEThe high ADX value value for PDM.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
PALLADIUM ONE MINING INC / PDM Daily stock chart

PALLADIUM ONE MINING INC

TSX-V:PDM (3/20/2024, 7:00:00 PM)

0.04

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week14.29%
2 Weeks-27.27%
1 Month-27.27%
3 Month-38.46%
6 Month-52.94%
12 Month-46.67%
2 Year-82.61%
3 Year-86.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%15%
ATR Inc-100%
Range Today0
ADR(20)0.01
ADR(20)%13.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.59
Mansfield-5.42
10 Day High0.06
10 Day Low0.04
20 Day High0.08
20 Day Low0.04
52 Week High0.14
52 Week Low0.04
CS1 EndN/A
CR1 Start0.06
Volume & EV
DER(3)-119.9%
DER(5)-72.65%
Volume115.00K
Volume Incr-33.58%
Vol(5)252.15K
Vol(50)303.83K