PMET RESOURCES INC (PMET.CA) Stock Technical Analysis
Canada - TSX-V:PMET - CA73015G1046 - Common Stock
3.77 CAD
+0.25 (+7.1%)
Overall PMET gets a technical rating of 2 out of 10. PMET performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, PMET is a bad performer in the overall market: 63% of all stocks are doing better.
PMET is one of the lesser performing stocks in the Metals & Mining industry. 73% of 805 stocks in the same industry do better.
In the last month PMET has a been trading in the 3.41 - 4.50 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, PMET does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.01
4.33
We found 4 important support areas.
- Support @3.51 from a trend line in the daily time frame.
- A support zone ranging from 3.38 to 3.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.36 from a trend line in the daily time frame.
- Support @2.03 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.80 to 3.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.08 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 | 37.15 | NEUTRAL | PMET.CA is not amongst the best or worst performers 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) | 49.34 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 15.9 | OVERSOLD | The low Stochastics value suggests PMET.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.7 | HIGH VOLATILITY | The high ATR as a percentage value for PMET.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.67 | NEGATIVE | The low ADX value for PMET.CA suggests a weak or negative 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 (10/31/2025, 7:00:00 PM)
3.77
+0.25 (+7.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.1%
1 Week1.62%
2 Weeks-2.58%
1 Month-7.37%
3 Month1.62%
6 Month62.5%
12 Month8.65%
2 Year-61.21%
3 Year-25.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%6.7%
ATR Inc-24.09%
Range Today0.27
ADR(20)0.24
ADR(20)%6.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.15
3 months CRS34.2
6 months CRS82.15
Mansfield1.04
10 Day High4.17
10 Day Low3.41
20 Day High4.5
20 Day Low3.41
52 Week High4.61
52 Week Low1.68
CS1 End3.51
CR1 Start3.8
Volume & EV
DER(3)-1.99%
DER(5)-3.29%
Volume695.06K
Volume Incr2.84%
Vol(5)304.69K
Vol(50)224.08K
PMET RESOURCES INC / PMET.CA FAQ
Can you provide the ChartMill technical rating for PMET RESOURCES INC?
ChartMill assigns a technical rating of 2 / 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 49.3379. 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 -0.0381776, 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.