PERPETUA RESOURCES CORP (PPTA) Technical Analysis
NASDAQ:PPTA • CA7142661031
Current stock price
PPTA Technical Rating and Analysis
Taking everything into account, PPTA scores 4 out of 10 in our technical rating. Although PPTA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month PPTA has a been trading in the 24.31 - 37.37 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the yearly performance of all stocks, we notice that PPTA is one of the better performing stocks in the market, outperforming 94% of all 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 79% of 159 stocks in the same industry.
- PPTA has an average volume of 1921380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- PPTA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PPTA is lagging the market slightly.
PPTA Weekly and Daily overview Charts
PPTA Setup Rating and Analysis
PPTA has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PPTA Support and Resistance Analysis
13.40
When analyzing the support we notice one important area.
- Support @13.54 from a trend line in the weekly time frame.
PPTA Technical Indicator Signal Analysis
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 PPTA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PPTA is down. |
| ChartMill Relative Strength | 94.5 | POSITIVE | PPTA has a high relative strength, it outperformed 94.5% 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) | DOWN | NEGATIVE | The current price of PPTA is below 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) | 32.66 | NEUTRAL | The RSI value for PPTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.94 | NEGATIVE | The MACD value suggests PPTA has a negative trend. |
| Stochastics (14,3) | 5.15 | OVERSOLD | The low Stochastics value suggests PPTA may be oversold. |
| Average True Range in percent/ATR (20) | 9.8 | HIGH VOLATILITY | The high ATR as a percentage value for PPTA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.38 | NEGATIVE | The low ADX value for PPTA suggests a weak or negative trend. |
PPTA Chart- and CandleStick Pattern Analysis
PPTA Technicals: Chart, Performance Metrics, Trend & Indicators
24.99
-1.62 (-6.09%)
PERPETUA RESOURCES CORP / PPTA TA FAQ
Can you provide the ChartMill technical rating for PERPETUA RESOURCES CORP?
ChartMill assigns a technical rating of 4 / 10 to PPTA.
What is the trend direction for PPTA stock?
The current trend direction for PERPETUA RESOURCES CORP (PPTA) is Bearish.
What is the RSI signal for PERPETUA RESOURCES CORP (PPTA) stock?
PERPETUA RESOURCES CORP (PPTA) has an RSI value of 32.6571. 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 -0.935292, 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 13.54. Check the full technical report for our detailed analysis of PPTA support and resistance levels.