Overall PPTA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PPTA is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, PPTA did better than 97% of all other stocks. On top of that, PPTA also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by PPTA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month PPTA has a been trading in the 23.83 - 34.00 range, which is quite wide. It is currently trading near the high of this range.
- PPTA has an average volume of 2340420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PPTA is part of the Metals & Mining industry. There are 156 other stocks in this industry, PPTA did better than 62% of them.
Although PPTA has an excellent technical rating, it 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
17.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 25.95 to 26.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.54 from a trend line in the daily time frame.
- Support @17.71 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 | 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 | 97.1 | POSITIVE | PPTA has a high relative strength, it outperformed 97.1% 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) | 72.53 | OVERBOUGHT | The high RSI value suggests PPTA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests PPTA has a positive trend. |
| Stochastics (14,3) | 90 | OVERBOUGHT | The high Stochastics value suggests PPTA may be overbought. |
| Average True Range in percent/ATR (20) | 4.9 | MEDIUM VOLATILITY | The ATR as a percentage value for PPTA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.5 | POSITIVE | The high ADX value value for PPTA suggests a strong trend. |
32.85
+0.62 (+1.92%)
PERPETUA RESOURCES CORP / PPTA FAQ
Can you provide the ChartMill technical rating for PERPETUA RESOURCES CORP?
ChartMill assigns a technical rating of 10 / 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 72.5322. This indicates that the stock is currently overbought.
What is the MACD signal for PERPETUA RESOURCES CORP (PPTA) stock?
The MACD indicator for PERPETUA RESOURCES CORP (PPTA) has a value of 0.48367, 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 26.04. Check the full technical report for our detailed analysis of PPTA support and resistance levels.