PMET RESOURCES INC (PMET.CA) Stock Technical Analysis
Canada - TSX-V:PMET - CA73015G1046 - Common Stock
We assign a technical rating of 3 out of 10 to PMET. In the last year, PMET was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is bad, PMET does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
2.01
3 important support areas can be observed.
- Support @3.53 from a trend line in the daily time frame.
- A support zone ranging from 3.38 to 3.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.03 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @4.06 from a trend line in the weekly time frame.
- A resistance zone ranging from 4.19 to 4.29. 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 PMET.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PMET.CA is neutral. |
| ChartMill Relative Strength | 37.43 | NEUTRAL | PMET.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PMET.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PMET.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PMET.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.62 | NEUTRAL | The RSI value for PMET.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PMET.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.23 | NEUTRAL | The Stochastics value for PMET.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.69 | HIGH VOLATILITY | The high ATR as a percentage value for PMET.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.64 | NEGATIVE | The low ADX value for PMET.CA suggests a weak or negative trend. |
TSX-V:PMET (11/3/2025, 7:00:00 PM)
3.78
+0.01 (+0.27%)
PMET RESOURCES INC / PMET.CA FAQ
Can you provide the ChartMill technical rating for PMET RESOURCES INC?
ChartMill assigns a technical rating of 3 / 10 to PMET.CA.
What is the current trend direction of PMET RESOURCES INC (PMET.CA) stock?
The current trend direction for PMET RESOURCES INC (PMET.CA) is Bullish.
Can you provide the RSI signal for PMET RESOURCES INC?
PMET RESOURCES INC (PMET.CA) has an RSI value of 49.6217. This indicates that the stock is currently neutral.
What is the MACD signal for PMET stock?
The MACD indicator for PMET RESOURCES INC (PMET.CA) has a value of -0.0196829, indicating a bearish trend.
Can you provide the short term momentum for PMET RESOURCES INC?
The short term momentum for PMET RESOURCES INC (PMET.CA) is neutral.