POWER METALLIC MINES INC (PNPN.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:PNPN - CA73929R1055 - Common Stock
We assign a technical rating of 5 out of 10 to PNPN. In the past year, PNPN was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
PNPN has an average technical rating and it also 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
0.88
When analyzing the support we notice one important area.
- Support @0.89 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @1.37 from a horizontal line in the daily time frame.
- Resistance @1.47 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 PNPN.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PNPN.CA is up. |
| ChartMill Relative Strength | 49.04 | NEUTRAL | PNPN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PNPN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PNPN.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PNPN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.92 | NEUTRAL | The RSI value for PNPN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PNPN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.6 | OVERBOUGHT | The high Stochastics value suggests PNPN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 7.46 | HIGH VOLATILITY | The high ATR as a percentage value for PNPN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 34.84 | POSITIVE | The high ADX value value for PNPN.CA suggests a strong trend. |
TSX-V:PNPN (1/7/2026, 7:00:00 PM)
1.32
-0.04 (-2.94%)
POWER METALLIC MINES INC / PNPN.CA FAQ
Can you provide the ChartMill technical rating for POWER METALLIC MINES INC?
ChartMill assigns a technical rating of 5 / 10 to PNPN.CA.
What is the trend direction for PNPN stock?
The current trend direction for POWER METALLIC MINES INC (PNPN.CA) is Bearish.
What is the RSI signal for POWER METALLIC MINES INC (PNPN.CA) stock?
POWER METALLIC MINES INC (PNPN.CA) has an RSI value of 68.9246. This indicates that the stock is currently neutral.
Can you provide the MACD signal for POWER METALLIC MINES INC?
The MACD indicator for POWER METALLIC MINES INC (PNPN.CA) has a value of 0.0456869, indicating a bearish trend.