PLATINUM GROUP METALS LTD (PTM.CA) Stock Technical Analysis
TSX:PTM - Toronto Stock Exchange - CA72765Q8829 - Common Stock - Currency: CAD
Overall PTM gets a technical rating of 4 out of 10. PTM has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month PTM has a been trading in the 1.98 - 2.59 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, PTM did better than 73% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
PTM is an average performer in the Metals & Mining industry, it outperforms 51% of 794 stocks in the same industry.
PTM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PTM is lagging the market.
Considerably lower volume is observed in the last couple of days.
PTM has an average technical rating and it also 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
1.52
2.51
When analyzing the support we can see 3 important areas.
- Support @2.03 from a horizontal line in the weekly time frame.
- Support @1.88 from a horizontal line in the daily time frame.
- Support @1.54 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.05 to 2.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.19 to 2.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.40 from a trend line in the weekly time frame.
- Resistance @2.49 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 PTM.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PTM.CA is down. |
| ChartMill Relative Strength | 73.09 | POSITIVE | PTM.CA has a high relative strength, it outperformed 73.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PTM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PTM.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PTM.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.19 | NEUTRAL | The RSI value for PTM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PTM.CA has a negative trend. |
| Stochastics (14,3) | 20.72 | NEUTRAL | The Stochastics value for PTM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.44 | HIGH VOLATILITY | The high ATR as a percentage value for PTM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.78 | NEGATIVE | The low ADX value for PTM.CA suggests a weak or negative 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)
TSX:PTM (8/13/2025, 7:00:00 PM)
2.04
-0.03 (-1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.45%
1 Week-4.67%
2 Weeks-5.56%
1 Month-15.35%
3 Month30.77%
6 Month3.03%
12 Month9.68%
2 Year23.64%
3 Year4.62%
5 Year-34.62%
10 Year-99.4%
15 Year-99.89%
Volatility
ATR(14)0.09
ATR(20)%5.44%
ATR Inc-38.24%
Range Today0.07
ADR(20)0.11
ADR(20)%5.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.09
Mansfield-0.58
10 Day High2.22
10 Day Low1.98
20 Day High2.59
20 Day Low1.98
52 Week High3.13
52 Week Low1.39
CS1 End2.03
CR1 Start2.05
Volume & EV
DER(3)10.25%
DER(5)11.94%
Volume47.30K
Volume Incr-45.62%
Vol(5)36.67K
Vol(50)66.28K