PROAM EXPLORATIONS CORP (PMX.CA) Stock Technical Analysis
TSX-V:PMX - CA74266J3001 - Common Stock
0.055 CAD
+0 (+10%)
We assign a technical rating of 9 out of 10 to PMX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PMX is showing a nice and steady performance.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
PMX is part of the Oil, Gas & Consumable Fuels industry. There are 215 other stocks in this industry. PMX outperforms 91% of them.
PMX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PMX is lagging the market slightly.
Looking at the yearly performance, PMX did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month PMX has a been trading in the 0.04 - 0.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, PMX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.06. Right above this resistance zone may be a good entry point.
More info and screens
0.02
0.07
We found 4 important support areas.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.03 from a trend line in the daily time frame.
- Support @0.02 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.07 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for PMX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PMX.CA is up. |
| ChartMill Relative Strength | 85.65 | POSITIVE | PMX.CA has a high relative strength, it outperformed 85.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PMX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PMX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PMX.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.25 | NEUTRAL | The RSI value for PMX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PMX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for PMX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 14.55 | HIGH VOLATILITY | The high ATR as a percentage value for PMX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 8.13 | NEGATIVE | The low ADX value for PMX.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:PMX (8/28/2025, 7:00:00 PM)
0.055
+0 (+10%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg10%
1 Week57.14%
2 Weeks10%
1 Month57.14%
3 Month-21.43%
6 Month83.33%
12 Month120%
2 Year175%
3 Year83.33%
5 Year-35.29%
10 Year-26.67%
15 Year-83.33%
Volatility
ATR(14)0.01
ATR(20)%14.55%
ATR Inc-73.08%
Range Today0
ADR(20)0
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.65
Mansfield1.36
10 Day High0.07
10 Day Low0.04
20 Day High0.07
20 Day Low0.04
52 Week High0.07
52 Week Low0.01
CS1 End0.05
CR1 Start0.06
Volume & EV
DER(3)0%
DER(5)0%
Volume4.17K
Volume Incr72.57%
Vol(5)21.73K
Vol(50)35.15K