PMET RESOURCES INC (PMET.CA) Stock Technical Analysis
Canada - TSX-V:PMET - CA73015G1046 - Common Stock
We assign a technical rating of 0 out of 10 to PMET. PMET scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
PMET has a poor technical rating and the quality of the setup is also only medium 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
We found 3 important support areas.
- Support @3.35 from a horizontal line in the weekly time frame.
- Support @3.28 from a horizontal line in the daily time frame.
- Support @2.03 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.69 to 3.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for PMET.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PMET.CA is down. |
| ChartMill Relative Strength | 14.74 | NEGATIVE | PMET.CA has a low relative strength, it was outperformed by 85.26% 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) | DOWN | NEGATIVE | The current price of PMET.CA is below a declining 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) | 40.39 | NEUTRAL | The RSI value for PMET.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests PMET.CA has a negative trend. |
| Stochastics (14,3) | 16.87 | OVERSOLD | The low Stochastics value suggests PMET.CA may be oversold. |
| Average True Range in percent/ATR (20) | 8.13 | HIGH VOLATILITY | The high ATR as a percentage value for PMET.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.81 | NEGATIVE | The low ADX value for PMET.CA suggests a weak or negative trend. |
TSX-V:PMET (11/5/2025, 7:00:00 PM)
3.36
+0.07 (+2.13%)
PMET RESOURCES INC / PMET.CA FAQ
Can you provide the ChartMill technical rating for PMET RESOURCES INC?
ChartMill assigns a technical rating of 0 / 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 Bearish.
Can you provide the RSI signal for PMET RESOURCES INC?
PMET RESOURCES INC (PMET.CA) has an RSI value of 40.3932. 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 -0.0420313, 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 negative.