PMET RESOURCES INC (PMET.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:PMET - CA73015G1046 - Common Stock
We assign a technical rating of 10 out of 10 to PMET. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PMET is showing a nice and steady performance.
Although PMET has an excellent technical rating, it does not offer a high quality setup 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
3.65
4 important support areas can be observed.
- Support @5.39 from a horizontal line in the daily time frame.
- A support zone ranging from 5.19 to 5.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.57 to 4.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.69 to 3.72. 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 | UP | POSITIVE | The short term trend for PMET.CA is up. |
| ChartMill Relative Strength | 85.33 | POSITIVE | PMET.CA has a high relative strength, it outperformed 85.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PMET.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PMET.CA is above 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) | 71.76 | OVERBOUGHT | The high RSI value suggests PMET.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests PMET.CA has a positive trend. |
| Stochastics (14,3) | 90.47 | OVERBOUGHT | The high Stochastics value suggests PMET.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.68 | MEDIUM VOLATILITY | The ATR as a percentage value for PMET.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 38.25 | POSITIVE | The high ADX value value for PMET.CA suggests a strong trend. |
TSX-V:PMET (1/8/2026, 7:00:00 PM)
6.1
+0.15 (+2.52%)
PMET RESOURCES INC / PMET.CA FAQ
Can you provide the ChartMill technical rating for PMET RESOURCES INC?
ChartMill assigns a technical rating of 10 / 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 71.758. This indicates that the stock is currently overbought.
Can you provide the MACD signal for PMET RESOURCES INC?
The MACD indicator for PMET RESOURCES INC (PMET.CA) has a value of 0.060277, 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 buy as both the short term and long term trends are positive.