PATRIOT BATTERY METALS INC (PMET.CA)

CA70337R1073 - Common Stock

8.03  +0.28 (+3.61%)

Technical Rating and Analysis

3

Taking everything into account, PMET scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PMET was also a bad performer in the overall market in the last year.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, PMET is a bad performer in the overall market: 85% of all stocks are doing better.
PMET is one of the lesser performing stocks in the Metals & Mining industry. 68% of 851 stocks in the same industry do better.
PMET 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.
In the last month PMET has a been trading in the 6.48 - 8.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
PMET Weekly chart
PMET Daily chart
Setup Rating and Analysis

5

PMET has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

6.50

9.01

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 7.73 to 7.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @6.94 from a trend line in the daily time frame.
  • A support zone ranging from 6.57 to 6.74. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 8.43 to 8.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 8.81 to 8.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.56
Mansfield-3.29
10 Day High8.58
10 Day Low6.73
20 Day High8.58
20 Day Low6.48
52 Week High17.74
52 Week Low5.77
Performance
1 Week-0.62%
2 Weeks20.39%
1 Month9.1%
3 Month5.24%
6 Month-13.66%
12 Month-50.06%
2 Year1555.67%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.14
RSI(14)56.41
LBB6.3
UBB8.67
PMET Daily chart

PATRIOT BATTERY METALS INC

TSX-V:PMET (5/14/2024, 6:00:00 PM)

8.03

+0.28 (+3.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.61%
1 Week-0.62%
2 Weeks20.39%
1 Month9.1%
3 Month5.24%
6 Month-13.66%
12 Month-50.06%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.42
ATR(20)%4.88%
ATR Inc
Range Today0.47
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 High8.58
10 Day Low6.73
20 Day High8.58
20 Day Low6.48
52 Week High17.74
52 Week Low5.77
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume83.11K
Volume Incr-16.73%
Vol(5)119.25K
Vol(50)126.32K