PERPETUA RESOURCES CORP (PPTA) Stock Technical Analysis
NASDAQ:PPTA - Nasdaq - CA7142661031 - Common Stock - Currency: USD
Taking everything into account, PPTA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, PPTA has proven to be a steady performer, scoring decent points in every aspect analyzed.
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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, PPTA did better than 96% of all other stocks. On top of that, PPTA also shows a nice and consistent pattern of rising prices.
PPTA is one of the better performing stocks in the Metals & Mining industry, it outperforms 91% of 157 stocks in the same industry.
PPTA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PPTA has a been trading in the 14.08 - 18.04 range, which is quite wide. It is currently trading near the high of this range.
PPTA has an average volume of 3058570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PPTA has an excellent technical rating, but the quality of the setup is only medium 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
10.82
17.97
We found 5 important support areas.
- A support zone ranging from 15.93 to 16.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 14.91 to 15.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.35 from a trend line in the daily time frame.
- Support @13.03 from a trend line in the weekly time frame.
- Support @10.93 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 17.37 to 17.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.79 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 PPTA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PPTA is up. |
| ChartMill Relative Strength | 96.71 | POSITIVE | PPTA has a high relative strength, it outperformed 96.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PPTA is above the rising 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) | 60.39 | NEUTRAL | The RSI value for PPTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PPTA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.53 | NEUTRAL | The Stochastics value for PPTA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.84 | HIGH VOLATILITY | The high ATR as a percentage value for PPTA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.54 | POSITIVE | The high ADX value value for PPTA suggests a strong 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)
16.9
-0.4 (-2.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.31%
1 Week11.48%
2 Weeks4.26%
1 Month14.73%
3 Month11.33%
6 Month40.13%
12 Month191.38%
2 Year410.57%
3 Year555.04%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%5.84%
ATR Inc19.61%
Range Today1.16
ADR(20)0.95
ADR(20)%5.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.71
Mansfield3.44
10 Day High17.99
10 Day Low14.69
20 Day High18.04
20 Day Low14.08
52 Week High18.04
52 Week Low5.87
CS1 End16.22
CR1 Start17.37
Volume & EV
DER(3)-5.05%
DER(5)-3.36%
Volume1.77M
Volume Incr-45.64%
Vol(5)1.72M
Vol(50)3.06M