PERPETUA RESOURCES CORP (PPTA) Technical Analysis
NASDAQ:PPTA • CA7142661031
Current stock price
PPTA Technical Rating and Analysis
We assign a technical rating of 8 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that PPTA is one of the better performing stocks in the market, outperforming 93% 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 76% of 160 stocks in the same industry.
- 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.
- In the last month PPTA has a been trading in the 23.98 - 32.00 range, which is quite wide. It is currently trading near the high of this range.
- PPTA has an average volume of 1759200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
PPTA Weekly and Daily overview Charts
PPTA Setup Rating and Analysis
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
PPTA Support and Resistance Analysis
25.69
We found 2 important support areas.
- A support zone ranging from 28.72 to 29.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.95 to 26.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.95 to 30.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 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 | 93.82 | POSITIVE | PPTA has a high relative strength, it outperformed 93.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PPTA is above a declining 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) | 53.58 | NEUTRAL | The RSI value for PPTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests PPTA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.48 | NEUTRAL | The Stochastics value for PPTA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.65 | HIGH VOLATILITY | The high ATR as a percentage value for PPTA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.56 | 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
29.94
-0.19 (-0.63%)
PERPETUA RESOURCES CORP / PPTA TA FAQ
Can you provide the ChartMill technical rating for PERPETUA RESOURCES CORP?
ChartMill assigns a technical rating of 8 / 10 to PPTA.
What is the trend direction for PPTA stock?
The current trend direction for PERPETUA RESOURCES CORP (PPTA) is Bullish.
Can you provide the RSI signal for PERPETUA RESOURCES CORP?
PERPETUA RESOURCES CORP (PPTA) has an RSI value of 53.5789. This indicates that the stock is currently neutral.
What is the buy/sell signal for PPTA stock?
The buy/sell signal for PERPETUA RESOURCES CORP (PPTA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for PERPETUA RESOURCES CORP (PPTA) stock?
PERPETUA RESOURCES CORP (PPTA) has a support level at 29.16 and a resistance level at 29.95. Check the full technical report for our detailed analysis of PPTA support and resistance levels.