PLATINUM GROUP METALS LTD (PLG) Technical Analysis
NYSEARCA:PLG • CA72765Q8829
Current stock price
1.91 USD
+0.09 (+4.95%)
At close:
1.93 USD
+0.02 (+1.05%)
After Hours:
PLG Technical Rating and Analysis
Overall PLG gets a technical rating of 1 out of 10. PLG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- PLG is one of the lesser performing stocks in the Metals & Mining industry. 69% of 160 stocks in the same industry do better.
- PLG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- PLG has an average volume of 2571980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, PLG turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- In the last month PLG has a been trading in the 1.56 - 2.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PLG Weekly and Daily overview Charts
PLG Setup Rating and Analysis
PLG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
PLG Support and Resistance Analysis
1.59
1.93
2 important support areas can be observed.
- A support zone ranging from 1.75 to 1.77. 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 1.61 to 1.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
PLG 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 PLG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLG is down. |
| ChartMill Relative Strength | 57.4 | NEUTRAL | PLG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PLG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PLG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.04 | 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. |
| Stochastics (14,3) | 82.13 | OVERBOUGHT | The high Stochastics value suggests PLG may be overbought. |
| Average True Range in percent/ATR (20) | 6.91 | HIGH VOLATILITY | The high ATR as a percentage value for PLG suggests high volalility. |
| Average Directional Index/ADX (14) | 30.63 | POSITIVE | The high ADX value value for PLG suggests a strong trend. |
PLG 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)
PLG Technicals: Chart, Performance Metrics, Trend & Indicators
1.91
+0.09 (+4.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.95%
1 Week7.91%
2 Weeks12.35%
1 Month-2.05%
3 Month-28.73%
6 Month-21.07%
12 Month49.22%
2 Year52.19%
3 Year20.13%
5 Year-59.45%
10 Year-94.25%
15 Year-99.09%
Volatility
ATR(14)0.13
ATR(20)%6.91%
ATR Inc5.31%
Range Today0.19
ADR(20)0.12
ADR(20)%6.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.4
3 months CRS12.3
6 months CRS20.57
Mansfield-0.83
10 Day High1.94
10 Day Low1.6
20 Day High2
20 Day Low1.56
52 Week High4.04
52 Week Low1.08
CS1 End1.77
CR1 StartN/A
Volume & EV
DER(3)2.18%
DER(5)0.3%
Volume1.36M
Volume Incr-36.06%
Vol(5)1.39M
Vol(50)2.57M
PLATINUM GROUP METALS LTD / PLG TA FAQ
Can you provide the ChartMill technical rating for PLATINUM GROUP METALS LTD?
ChartMill assigns a technical rating of 1 / 10 to PLG.
Can you provide the trend direction for PLATINUM GROUP METALS LTD?
The current trend direction for PLATINUM GROUP METALS LTD (PLG) is Bearish.
What is the RSI signal for PLG stock?
PLATINUM GROUP METALS LTD (PLG) has an RSI value of 49.0375. This indicates that the stock is currently neutral.
What is the short term momentum for PLATINUM GROUP METALS LTD (PLG) stock?
The short term momentum for PLATINUM GROUP METALS LTD (PLG) is negative.
What is the buy/sell signal for PLATINUM GROUP METALS LTD (PLG) stock?
The buy/sell signal for PLATINUM GROUP METALS LTD (PLG) is sell as both the short term and long term trends are negative.