PMET RESOURCES INC (PMET.CA) Stock Technical Analysis
TSX-V:PMET • CA73015G1046
Taking everything into account, PMET scores 5 out of 10 in our technical rating. PMET was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month PMET has a been trading in the 5.15 - 6.96 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that PMET is one of the better performing stocks in the market, outperforming 79% of all stocks. We also observe that the gains produced by PMET over the past year are nicely spread over this period.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- PMET is an average performer in the Metals & Mining industry, it outperforms 44% of 816 stocks in the same industry.
- PMET 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 PMET is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
PMET has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.09
We found 1 important support area.
- A support zone ranging from 4.13 to 4.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @5.24 from a horizontal line in the daily time frame.
- A resistance zone ranging from 5.38 to 5.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.83 from a horizontal line in the daily time frame.
- Resistance @7.04 from a trend line in the weekly 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 PMET.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PMET.CA is down. |
| ChartMill Relative Strength | 79.36 | POSITIVE | PMET.CA has a high relative strength, it outperformed 79.36% off all stocks 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) | UP | MIXED | The current price of PMET.CA is below the rising 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) | 45.9 | NEUTRAL | The RSI value for PMET.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PMET.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.99 | NEUTRAL | The Stochastics value for PMET.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.49 | HIGH VOLATILITY | The high ATR as a percentage value for PMET.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.79 | NEGATIVE | The low ADX value for PMET.CA suggests a weak or negative trend. |
TSX-V:PMET (3/3/2026, 7:00:00 PM)
4.98
-0.44 (-8.12%)
PMET RESOURCES INC / PMET.CA FAQ
Can you provide the ChartMill technical rating for PMET RESOURCES INC?
ChartMill assigns a technical rating of 6 / 10 to PMET.CA.
What is the trend direction for PMET 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 45.9035. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PMET RESOURCES INC?
The MACD indicator for PMET RESOURCES INC (PMET.CA) has a value of -0.0093808, indicating a bearish trend.
What is the buy/sell signal for PMET RESOURCES INC (PMET.CA) stock?
The buy/sell signal for PMET RESOURCES INC (PMET.CA) is hold as the short term and long term trends are mixed.