PLATINUM GROUP METALS LTD (PTM.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:PTM - CA72765Q8829 - Common Stock
Taking everything into account, PTM 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, PTM is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that PTM is one of the better performing stocks in the market, outperforming 80% of all stocks. On top of that, PTM also shows a nice and consistent pattern of rising prices.
- PTM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PTM is lagging the market slightly.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- PTM is part of the Metals & Mining industry. There are 813 other stocks in this industry, PTM did better than 46% of them.
- In the last month PTM has a been trading in the 3.05 - 4.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PTM has an excellent technical rating, but the quality of the setup is only medium 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
1.88
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.36 to 3.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.97 from a trend line in the daily time frame.
- Support @2.92 from a trend line in the weekly time frame.
- Support @1.90 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 | UP | POSITIVE | The short term trend for PTM.CA is up. |
| ChartMill Relative Strength | 80.07 | POSITIVE | PTM.CA has a high relative strength, it outperformed 80.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PTM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PTM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PTM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.01 | NEUTRAL | The RSI value for PTM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PTM.CA has a positive trend. |
| Stochastics (14,3) | 73.19 | NEUTRAL | The Stochastics value for PTM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.53 | HIGH VOLATILITY | The high ATR as a percentage value for PTM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.52 | NEGATIVE | The low ADX value for PTM.CA suggests a weak or negative trend. |
TSX:PTM (1/15/2026, 7:00:00 PM)
3.91
+0.06 (+1.56%)
PLATINUM GROUP METALS LTD / PTM.CA FAQ
Can you provide the ChartMill technical rating for PLATINUM GROUP METALS LTD?
ChartMill assigns a technical rating of 10 / 10 to PTM.CA.
What is the current trend direction of PLATINUM GROUP METALS LTD (PTM.CA) stock?
The current trend direction for PLATINUM GROUP METALS LTD (PTM.CA) is Bullish.
What is the RSI signal for PLATINUM GROUP METALS LTD (PTM.CA) stock?
PLATINUM GROUP METALS LTD (PTM.CA) has an RSI value of 60.0127. This indicates that the stock is currently neutral.
What is the MACD signal for PTM stock?
The MACD indicator for PLATINUM GROUP METALS LTD (PTM.CA) has a value of 0.0162379, indicating a bearish trend.
Can you provide the short term momentum for PLATINUM GROUP METALS LTD?
The short term momentum for PLATINUM GROUP METALS LTD (PTM.CA) is positive.