We assign a technical rating of 9 out of 10 to PPTA. In the last year, PPTA was one of the better performers, but we do observe some doubts in the very recent evolution.
PPTA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 24.69, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
16.76
2 important support areas can be observed.
- A support zone ranging from 24.08 to 24.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.93 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.99 to 27.08. 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 | 95.82 | POSITIVE | PPTA has a high relative strength, it outperformed 95.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PPTA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PPTA is above a declining 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) | 50.39 | NEUTRAL | The RSI value for PPTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests PPTA has a negative trend. |
| Stochastics (14,3) | 47.85 | NEUTRAL | The Stochastics value for PPTA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.77 | HIGH VOLATILITY | The high ATR as a percentage value for PPTA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.57 | NEGATIVE | The low ADX value for PPTA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.09 | 25.34 | 1.75 (6.46%) | 15.48% |
| An entry @27.09. This is a Buy Stop order right above the resistance zone. | An exit @25.34. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.75 points, which is 6.46%. | When investing 15.48% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of PPTA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
25.93
-0.65 (-2.45%)
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.
Can you provide the trend direction for PERPETUA RESOURCES CORP?
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 50.3923. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PERPETUA RESOURCES CORP?
The MACD indicator for PERPETUA RESOURCES CORP (PPTA) has a value of -0.143144, indicating a bearish trend.