PERPETUA RESOURCES CORP (PPTA) Stock Technical Analysis
NASDAQ:PPTA • CA7142661031
We assign a technical rating of 9 out of 10 to PPTA. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, PPTA did better than 98% of all other stocks. On top of that, PPTA also shows a nice and consistent pattern of rising prices.
- PPTA is part of the Metals & Mining industry. There are 157 other stocks in this industry. PPTA outperforms 85% of them.
- PPTA 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 PPTA is lagging the market slightly.
- PPTA has an average volume of 2109430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month PPTA has a been trading in the 25.88 - 35.97 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, PPTA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
25.68
3 important support areas can be observed.
- A support zone ranging from 27.81 to 27.83. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 26.62 to 26.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.94 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.28 to 30.50. This zone is formed by a combination of multiple trend lines and important moving averages 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 PPTA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PPTA is neutral. |
| ChartMill Relative Strength | 98.28 | POSITIVE | PPTA has a high relative strength, it outperformed 98.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PPTA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PPTA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PPTA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.93 | NEUTRAL | The RSI value for PPTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests PPTA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.66 | NEUTRAL | The Stochastics value for PPTA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.04 | HIGH VOLATILITY | The high ATR as a percentage value for PPTA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.64 | NEUTRAL | The ADX value for PPTA suggests a possible start of a new trend. |
29.3
+1.22 (+4.34%)
PERPETUA RESOURCES CORP / PPTA FAQ
Can you provide the ChartMill technical rating for PERPETUA RESOURCES CORP?
ChartMill assigns a technical rating of 9 / 10 to PPTA.
What is the trend direction for PPTA stock?
The current trend direction for PERPETUA RESOURCES CORP (PPTA) is Bullish.
What is the RSI signal for PERPETUA RESOURCES CORP (PPTA) stock?
PERPETUA RESOURCES CORP (PPTA) has an RSI value of 49.9285. This indicates that the stock is currently neutral.
What is the MACD signal for PERPETUA RESOURCES CORP (PPTA) stock?
The MACD indicator for PERPETUA RESOURCES CORP (PPTA) has a value of -0.262283, indicating a bearish trend.
What are the support and resistance levels for PERPETUA RESOURCES CORP (PPTA) stock?
PERPETUA RESOURCES CORP (PPTA) has a support level at 27.83 and a resistance level at 30.28. Check the full technical report for our detailed analysis of PPTA support and resistance levels.