PLATINUM GROUP METALS LTD (PTM.CA) Stock Technical Analysis
TSX:PTM - Toronto Stock Exchange - CA72765Q8829 - Common Stock - Currency: CAD
Taking everything into account, PTM scores 1 out of 10 in our technical rating. PTM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PTM is a bad performer in the overall market: 76% of all stocks are doing better.
PTM is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
PTM is an average performer in the Metals & Mining industry, it outperforms 41% of 802 stocks in the same industry.
In the last month PTM has a been trading in the 1.41 - 1.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
PTM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.50, a Stop Loss order could be placed below this zone.
More info and screens
1.47
1.93
When analyzing the support we notice one important area.
- A support zone ranging from 1.48 to 1.50. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.73 to 1.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.81 from a trend line in the daily time frame.
- Resistance @1.91 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.7
Mansfield-2.03
10 Day High1.73
10 Day Low1.59
20 Day High1.9
20 Day Low1.41
52 Week High3.13
52 Week Low1.39
Performance
1 Week-4.71%
2 Weeks-3.57%
1 Month8.72%
3 Month-10%
6 Month-29.57%
12 Month-14.29%
2 Year-14.29%
3 Year-27.68%
5 Year-22.12%
10 Year-99.69%
15 Year-99.93%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)44.49
LBB1.55
UBB1.84
TSX:PTM (5/5/2025, 7:00:00 PM)
1.62
-0.01 (-0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.61%
1 Week-4.71%
2 Weeks-3.57%
1 Month8.72%
3 Month-10%
6 Month-29.57%
12 Month-14.29%
2 Year-14.29%
3 Year-27.68%
5 Year-22.12%
10 Year-99.69%
15 Year-99.93%
Volatility
ATR(14)0.07
ATR(20)%6.1%
ATR Inc-77.87%
Range Today0.03
ADR(20)0.08
ADR(20)%5.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.7
Mansfield-2.03
10 Day High1.73
10 Day Low1.59
20 Day High1.9
20 Day Low1.41
52 Week High3.13
52 Week Low1.39
CS1 End1.5
CR1 Start1.73
Volume & EV
DER(3)-159.69%
DER(5)-138.2%
Volume4.01K
Volume Incr-88.08%
Vol(5)5.70K
Vol(50)39.04K