PLATINUM GROUP METALS LTD (PLG)
CA72765Q8829 - Common Stock
Overall PLG gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
PLG is one of the better performing stocks in the Metals & Mining industry, it outperforms 77% of 157 stocks in the same industry.
Looking at the yearly performance, PLG did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
PLG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PLG is lagging the market slightly.
In the last month PLG has a been trading in the 1.52 - 1.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, PLG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.64, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.96
1.91
We found 3 important support areas.
- A support zone ranging from 1.64 to 1.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.01 from a trend line in the daily time frame.
- Support @0.97 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.73 to 1.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.83 from a trend line in the daily time frame.
- A resistance zone ranging from 1.88 to 1.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.97
Mansfield1.53
10 Day High1.83
10 Day Low1.52
20 Day High1.95
20 Day Low1.52
52 Week High2.07
52 Week Low0.94
Performance
1 Week-8.84%
2 Weeks-5.17%
1 Month-5.71%
3 Month19.57%
6 Month55.66%
12 Month20.88%
2 Year2.48%
3 Year-47.12%
5 Year17.02%
10 Year-98.53%
15 Year-98.46%
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)44.27
LBB1.63
UBB1.84
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.76 | 1.63 | 0.13 (7.39%) | 13.54% |
| An entry @1.76. This is a Buy Stop order right above the resistance zone. | An exit @1.63. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.13 points, which is 7.39%. | For a 1.00% total portfolio risk, you can invest 13.54% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PLG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PLATINUM GROUP METALS LTD
NYSEARCA:PLG (7/26/2024, 7:04:01 PM)
1.65
-0.01 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.6%
1 Week-8.84%
2 Weeks-5.17%
1 Month-5.71%
3 Month19.57%
6 Month55.66%
12 Month20.88%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.12
ATR(20)%7.23%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.83
10 Day Low1.52
20 Day High1.95
20 Day Low1.52
52 Week High2.07
52 Week Low0.94
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume177.90K
Volume Incr-12.69%
Vol(5)361.58K
Vol(50)539.23K