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.
In the last month PPTA has a been trading in the 11.40 - 17.96 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that PPTA is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by PPTA over the past year are nicely spread over this period.
PPTA is part of the Metals & Mining industry. There are 155 other stocks in this industry. PPTA outperforms 83% of them.
PPTA has an average volume of 1494640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Although PPTA has an excellent technical rating, it does not present a decent entry opportunity 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
7.78
12.96
We found 4 important support areas.
- Support @11.94 from a horizontal line in the weekly time frame.
- Support @11.51 from a horizontal line in the daily time frame.
- Support @10.07 from a trend line in the weekly time frame.
- Support @7.86 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 | NEUTRAL | NEUTRAL | The short term trend for PPTA is neutral. |
| ChartMill Relative Strength | 95.64 | POSITIVE | PPTA has a high relative strength, it outperformed 95.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PPTA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PPTA is below 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) | 40.21 | NEUTRAL | The RSI value for PPTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests PPTA has a negative trend. |
| Stochastics (14,3) | 25.99 | NEUTRAL | The Stochastics value for PPTA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.38 | HIGH VOLATILITY | The high ATR as a percentage value for PPTA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.53 | 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)
12.835
-0.28 (-2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.17%
1 Week-26.11%
2 Weeks-7.73%
1 Month5.46%
3 Month30.44%
6 Month7.77%
12 Month93.3%
2 Year249.73%
3 Year287.76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.15
ATR(20)%8.38%
ATR Inc146.77%
Range Today0.88
ADR(20)0.92
ADR(20)%7.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.64
Mansfield2.08
10 Day High17.96
10 Day Low12.76
20 Day High17.96
20 Day Low11.4
52 Week High17.96
52 Week Low5.01
CS1 End11.94
CR1 StartN/A
Volume & EV
DER(3)-0.22%
DER(5)-0.93%
Volume5.07M
Volume Incr182.06%
Vol(5)3.81M
Vol(50)1.49M