PERPETUA RESOURCES CORP (PPTA) Stock Technical Analysis
NASDAQ:PPTA - CA7142661031 - Common Stock
18.07 USD
-1.13 (-5.89%)
18.38 USD
+0.31 (+1.72%)
Taking everything into account, PPTA scores 10 out of 10 in our technical rating. 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!
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. We also observe that the gains produced by PPTA over the past year are nicely spread over this period.
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.
PPTA has an average volume of 2623150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PPTA is an average performer in the Metals & Mining industry, it outperforms 69% of 156 stocks in the same industry.
In the last month PPTA has a been trading in the 16.28 - 19.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PPTA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 18.06, a Stop Loss order could be placed below this zone.
More info and screens
11.26
18.25
5 important support areas can be observed.
- A support zone ranging from 17.72 to 18.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.02 to 16.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.28 from a trend line in the daily time frame.
- Support @13.81 from a trend line in the weekly time frame.
- Support @11.37 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 | 93.02 | POSITIVE | PPTA has a high relative strength, it outperformed 93.02% 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) | 55.18 | NEUTRAL | The RSI value for PPTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PPTA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.43 | NEUTRAL | The Stochastics value for PPTA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.32 | HIGH VOLATILITY | The high ATR as a percentage value for PPTA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.3 | 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)
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 |
|---|---|---|---|
| 18.42 | 17.71 | 0.71 (3.85%) | 25.00% |
| An entry @18.42. This is a Buy Stop order right above the 10 day moving average. | An exit @17.71. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.71 points, which is 3.85%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
18.07
-1.13 (-5.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.89%
1 Week-2.9%
2 Weeks6.04%
1 Month4.69%
3 Month4.03%
6 Month103.95%
12 Month111.84%
2 Year454.29%
3 Year794.55%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%5.32%
ATR Inc38.98%
Range Today1.24
ADR(20)0.94
ADR(20)%5.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.02
Mansfield3.46
10 Day High19.75
10 Day Low16.97
20 Day High19.75
20 Day Low16.28
52 Week High19.75
52 Week Low7.81
CS1 End18.06
CR1 StartN/A
Volume & EV
DER(3)-2.25%
DER(5)-0.94%
Volume2.94M
Volume Incr18.23%
Vol(5)2.16M
Vol(50)2.62M