PLATINUM GROUP METALS LTD (PLG) Stock Technical Analysis
NYSEARCA:PLG - NYSE Arca - CA72765Q8829 - Common Stock - Currency: USD
Overall PLG gets a technical rating of 9 out of 10. Both in the recent history as in the last year, PLG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
PLG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
PLG has an average volume of 1468750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, PLG did better than 82% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
PLG is an average performer in the Metals & Mining industry, it outperforms 50% of 154 stocks in the same industry.
PLG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PLG is lagging the market.
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
1.08
1.89
When analyzing the support we can see 5 important areas.
- Support @1.63 from a trend line in the daily time frame.
- Support @1.38 from a horizontal line in the daily time frame.
- Support @1.28 from a trend line in the daily time frame.
- Support @1.20 from a trend line in the weekly time frame.
- Support @1.09 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.78 to 1.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.85 to 1.87. This zone is formed by a combination of multiple trend lines 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 | 82.55 | POSITIVE | PLG has a high relative strength, it outperformed 82.55% 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) | UP | POSITIVE | The current price of PLG is above the rising 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) | 56.09 | NEUTRAL | The RSI value for PLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PLG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.31 | NEUTRAL | The Stochastics value for PLG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.36 | HIGH VOLATILITY | The high ATR as a percentage value for PLG suggests high volalility. |
| Average Directional Index/ADX (14) | 28.1 | POSITIVE | The high ADX value value for PLG suggests a strong 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)
NYSEARCA:PLG (7/23/2025, 4:52:37 PM)
1.74
-0.06 (-3.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.33%
1 Week-4.4%
2 Weeks14.47%
1 Month16.78%
3 Month45%
6 Month33.85%
12 Month5.45%
2 Year28.89%
3 Year8.07%
5 Year-19.44%
10 Year-94.2%
15 Year-99.03%
Volatility
ATR(14)0.11
ATR(20)%6.36%
ATR Inc-17.32%
Range Today0.08
ADR(20)0.1
ADR(20)%5.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.55
Mansfield1.24
10 Day High1.89
10 Day Low1.54
20 Day High1.89
20 Day Low1.45
52 Week High2.27
52 Week Low0.99
CS1 End1.63
CR1 Start1.78
Volume & EV
DER(3)-6.9%
DER(5)-12.08%
Volume683.55K
Volume Incr31.23%
Vol(5)1.80M
Vol(50)1.47M