2.68 USD
+0.08 (+3.08%)
2.66 USD
-0.02 (-0.75%)
Overall PLG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PLG is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PLG is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by PLG over the past year are nicely spread over this period.
PLG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PLG is lagging the market slightly.
In the last month PLG has a been trading in the 1.78 - 2.87 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
PLG has an average volume of 2964750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PLG is an average performer in the Metals & Mining industry, it outperforms 66% of 156 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PLG has an excellent technical rating, it does not present a decent entry opportunity 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
1.37
2.73
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.65 to 2.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.35 to 2.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.94 to 1.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.38 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.70 from a horizontal line in the daily time frame.
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 PLG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLG is up. |
| ChartMill Relative Strength | 96.47 | POSITIVE | PLG has a high relative strength, it outperformed 96.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PLG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PLG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.39 | NEUTRAL | The RSI value for PLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PLG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.49 | OVERBOUGHT | The high Stochastics value suggests PLG may be overbought. |
| Average True Range in percent/ATR (20) | 7.12 | HIGH VOLATILITY | The high ATR as a percentage value for PLG suggests high volalility. |
| Average Directional Index/ADX (14) | 24.66 | NEUTRAL | The ADX value for PLG suggests a possible start of a new trend. |
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)
2.68
+0.08 (+3.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.08%
1 Week12.61%
2 Weeks11.2%
1 Month31.37%
3 Month43.32%
6 Month94.2%
12 Month129.06%
2 Year135.09%
3 Year54.02%
5 Year-42.24%
10 Year-80.86%
15 Year-98.99%
Volatility
ATR(14)0.21
ATR(20)%7.12%
ATR Inc58.53%
Range Today0.2
ADR(20)0.18
ADR(20)%6.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.47
3 months CRS95.96
6 months CRS95.79
Mansfield4.88
10 Day High2.87
10 Day Low2.31
20 Day High2.87
20 Day Low1.78
52 Week High3.36
52 Week Low0.99
CS1 End2.67
CR1 Start2.7
Volume & EV
DER(3)-0.57%
DER(5)-1.16%
Volume3.91M
Volume Incr156.86%
Vol(5)5.09M
Vol(50)2.96M
PLATINUM GROUP METALS LTD / PLG FAQ
Can you provide the ChartMill technical rating for PLATINUM GROUP METALS LTD?
ChartMill assigns a technical rating of 10 / 10 to PLG.
What is the current trend direction of PLATINUM GROUP METALS LTD (PLG) stock?
The current trend direction for PLATINUM GROUP METALS LTD (PLG) is Bullish.
Can you provide the RSI signal for PLATINUM GROUP METALS LTD?
PLATINUM GROUP METALS LTD (PLG) has an RSI value of 62.3899. This indicates that the stock is currently neutral.
What is the MACD signal for PLATINUM GROUP METALS LTD (PLG) stock?
The MACD indicator for PLATINUM GROUP METALS LTD (PLG) has a value of 0.046954, indicating a bearish trend.
Can you provide the short term momentum for PLATINUM GROUP METALS LTD?
The short term momentum for PLATINUM GROUP METALS LTD (PLG) is positive.