PERPETUA RESOURCES CORP (PPTA) Stock Technical Analysis
USA - NASDAQ:PPTA - CA7142661031 - Common Stock
21.16 USD
+2.16 (+11.37%)
21.17 USD
+0.01 (+0.05%)
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.
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 96% 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 156 other stocks in this industry. PPTA outperforms 78% of them.
PPTA is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PPTA has a been trading in the 16.70 - 22.62 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
PPTA has an average volume of 2433730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PPTA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.57
21.37
When analyzing the support we can see 4 important areas.
- A support zone ranging from 17.33 to 17.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.10 from a trend line in the daily time frame.
- Support @14.39 from a trend line in the weekly time frame.
- Support @11.69 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 | 96.13 | POSITIVE | PPTA has a high relative strength, it outperformed 96.13% 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) | 71.41 | OVERBOUGHT | The high RSI value suggests PPTA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests PPTA has a positive trend. |
| Stochastics (14,3) | 72.51 | NEUTRAL | The Stochastics value for PPTA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.57 | HIGH VOLATILITY | The high ATR as a percentage value for PPTA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.11 | NEUTRAL | The ADX value for PPTA suggests a possible start of a new 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)
21.16
+2.16 (+11.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg11.37%
1 Week15.57%
2 Weeks22.17%
1 Month14.56%
3 Month78.41%
6 Month93.24%
12 Month122.04%
2 Year549.08%
3 Year947.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.24
ATR(20)%5.57%
ATR Inc158.8%
Range Today2.87
ADR(20)1.11
ADR(20)%5.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.13
Mansfield4.93
10 Day High22.62
10 Day Low16.72
20 Day High22.62
20 Day Low16.7
52 Week High22.62
52 Week Low7.81
CS1 End17.53
CR1 StartN/A
Volume & EV
DER(3)1.98%
DER(5)2.66%
Volume9.03M
Volume Incr71.19%
Vol(5)4.11M
Vol(50)2.43M