Pretium Resources Inc (PVG.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:PVG - Common Stock
We assign a technical rating of 10 out of 10 to PVG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PVG is showing a nice and steady performance.
Although PVG has an excellent technical rating, it does not present a decent entry opportunity 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
10.94
When analyzing the support we can see 4 important areas.
- A support zone ranging from 18.93 to 19.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.17 to 17.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.74 from a horizontal line in the daily time frame.
- Support @11.05 from a horizontal 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 PVG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PVG.CA is up. |
| ChartMill Relative Strength | 87.52 | POSITIVE | PVG.CA has a high relative strength, it outperformed 87.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PVG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PVG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PVG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.58 | NEUTRAL | The RSI value for PVG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests PVG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.53 | NEUTRAL | The Stochastics value for PVG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for PVG.CA suggests some volalility. |
TSX:PVG (3/11/2022, 7:00:00 PM)
19.15
-0.55 (-2.79%)
Pretium Resources Inc / PVG.CA FAQ
What is the ChartMill technical rating of Pretium Resources Inc (PVG.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to PVG.CA.
What is the current trend direction of Pretium Resources Inc (PVG.CA) stock?
The current trend direction for Pretium Resources Inc (PVG.CA) is Bullish.
Can you provide the RSI signal for Pretium Resources Inc?
Pretium Resources Inc (PVG.CA) has an RSI value of 61.5843. This indicates that the stock is currently neutral.
What is the MACD signal for Pretium Resources Inc (PVG.CA) stock?
The MACD indicator for Pretium Resources Inc (PVG.CA) has a value of 0.0978685, indicating a bearish trend.
What is the support and resistance level for PVG stock?
Pretium Resources Inc (PVG.CA) has a support level at 19.1. Check the full technical report for our detailed analysis of PVG.CA support and resistance levels.