PLATINUM GROUP METALS LTD (PTM.CA) Stock Technical Analysis
Canada - TSX:PTM - CA72765Q8829 - Common Stock
3.08 CAD
-0.51 (-14.21%)
We assign a technical rating of 7 out of 10 to PTM. Although PTM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
PTM is one of the lesser performing stocks in the Metals & Mining industry. 62% of 805 stocks in the same industry do better.
In the last month PTM has a been trading in the 2.83 - 4.64 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
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!
When comparing the performance of all stocks over the past year, PTM turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
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.
Although PTM has an excellent technical rating, the quality of the presented setup is not ideal 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
1.55
3.11
3 important support areas can be observed.
- Support @2.18 from a trend line in the daily time frame.
- Support @1.90 from a horizontal line in the daily time frame.
- Support @1.57 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 PTM.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PTM.CA is neutral. |
| ChartMill Relative Strength | 67.13 | NEUTRAL | PTM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PTM.CA is below 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) | 44.66 | NEUTRAL | The RSI value for PTM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests PTM.CA has a negative trend. |
| Stochastics (14,3) | 10.53 | OVERSOLD | The low Stochastics value suggests PTM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 14.68 | HIGH VOLATILITY | The high ATR as a percentage value for PTM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 34.57 | POSITIVE | The high ADX value value for PTM.CA 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)
TSX:PTM (10/21/2025, 7:00:00 PM)
3.08
-0.51 (-14.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-14.21%
1 Week-23.95%
2 Weeks-21.63%
1 Month10.79%
3 Month35.09%
6 Month83.33%
12 Month1.32%
2 Year102.63%
3 Year48.79%
5 Year30.51%
10 Year-99.01%
15 Year-99.85%
Volatility
ATR(14)0.47
ATR(20)%14.68%
ATR Inc-4.05%
Range Today0.27
ADR(20)0.39
ADR(20)%12.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.13
Mansfield2.95
10 Day High4.64
10 Day Low2.97
20 Day High4.64
20 Day Low2.83
52 Week High4.64
52 Week Low1.39
CS1 End2.18
CR1 StartN/A
Volume & EV
DER(3)0.6%
DER(5)0.68%
Volume497.79K
Volume Incr63.59%
Vol(5)524.36K
Vol(50)206.92K