PERPETUA RESOURCES CORP (PPTA) Stock Technical Analysis
USA - NASDAQ:PPTA - CA7142661031 - Common Stock
23.65 USD
-0.06 (-0.25%)
23.99 USD
+0.34 (+1.44%)
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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, PPTA did better than 96% of all other 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 3202520 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 currently trading near new highs, so PPTA is lagging the market.
In the last month PPTA has a been trading in the 18.21 - 31.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
12.00
23.89
We found 5 important support areas.
- A support zone ranging from 23.64 to 23.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.66 from a trend line in the daily time frame.
- Support @16.03 from a trend line in the daily time frame.
- Support @15.18 from a trend line in the weekly time frame.
- Support @12.12 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 | NEUTRAL | NEUTRAL | The short term trend for PPTA is neutral. |
| ChartMill Relative Strength | 96.3 | POSITIVE | PPTA has a high relative strength, it outperformed 96.3% 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 | 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) | 52.33 | NEUTRAL | The RSI value for PPTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests PPTA has a negative trend. |
| Stochastics (14,3) | 38.72 | NEUTRAL | The Stochastics value for PPTA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.66 | HIGH VOLATILITY | The high ATR as a percentage value for PPTA suggests high volalility. |
| Average Directional Index/ADX (14) | 42.1 | 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)
23.65
-0.06 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.25%
1 Week-14%
2 Weeks-2.83%
1 Month25.4%
3 Month45.9%
6 Month65.5%
12 Month145.97%
2 Year555.12%
3 Year906.38%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.56
ATR(20)%9.66%
ATR Inc21.22%
Range Today1.61
ADR(20)1.97
ADR(20)%8.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.3
3 months CRS94.45
6 months CRS89.81
Mansfield5.43
10 Day High31.65
10 Day Low22.5
20 Day High31.65
20 Day Low18.21
52 Week High31.65
52 Week Low7.81
CS1 End23.64
CR1 StartN/A
Volume & EV
DER(3)2.46%
DER(5)0.76%
Volume3.08M
Volume Incr20.25%
Vol(5)4.99M
Vol(50)3.20M