PALADIN ENERGY LTD (PDN.CA) Stock Technical Analysis
TSX:PDN - Toronto Stock Exchange - AU0000327686 - Common Stock - Currency: CAD
We assign a technical rating of 6 out of 10 to PDN. PDN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
PDN has an average technical rating and it also does not offer a high 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
6.33
We found 1 important support area.
- Support @6.39 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.66 to 6.66. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for PDN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PDN.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | PDN.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PDN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PDN.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 67.47 | NEUTRAL | The RSI value for PDN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PDN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.86 | OVERBOUGHT | The high Stochastics value suggests PDN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for PDN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.52 | NEUTRAL | The ADX value for PDN.CA suggests a possible start of a new trend. |
TSX:PDN (6/23/2025, 7:00:00 PM)
6.65
+0.25 (+3.91%)