PATRIOT BATTERY METALS INC (PMET.CA) Stock Technical Analysis
TSX-V:PMET - TSX Venture Exchange - CA70337R1073 - Common Stock - Currency: CAD
Overall PMET gets a technical rating of 7 out of 10. PMET has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month PMET has a been trading in the 1.97 - 3.42 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, PMET outperforms 52% of them, which is more or less in line with the market.
PMET is an average performer in the Metals & Mining industry, it outperforms 45% of 794 stocks in the same industry.
PMET is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PMET is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
2.01
4.91
2 important support areas can be observed.
- Support @2.09 from a trend line in the daily time frame.
- Support @2.03 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @4.86 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 | NEUTRAL | NEUTRAL | The long term trend for PMET.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PMET.CA is up. |
| ChartMill Relative Strength | 52.28 | NEUTRAL | PMET.CA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of PMET.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 76.03 | OVERBOUGHT | The high RSI value suggests PMET.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PMET.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.81 | OVERBOUGHT | The high Stochastics value suggests PMET.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for PMET.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 39.1 | POSITIVE | The high ADX value value for PMET.CA 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)
TSX-V:PMET (7/18/2025, 7:00:00 PM)
3.38
-0.02 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.59%
1 Week10.82%
2 Weeks23.81%
1 Month68.16%
3 Month51.57%
6 Month-3.15%
12 Month-30.17%
2 Year-76.36%
3 Year9.39%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%4.64%
ATR Inc11.06%
Range Today0.08
ADR(20)0.13
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.28
Mansfield0.04
10 Day High3.42
10 Day Low2.57
20 Day High3.42
20 Day Low1.97
52 Week High5.17
52 Week Low1.68
CS1 End2.09
CR1 Start4.86
Volume & EV
DER(3)5.51%
DER(5)3.55%
Volume230.10K
Volume Incr-54.75%
Vol(5)202.27K
Vol(50)268.24K