PELANGIO EXPLORATION INC (PX.CA) Stock Technical Analysis
TSX-V:PX - TSX Venture Exchange - CA7056465031 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to PX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, PX did better than 98% of all other stocks. We also observe that the gains produced by PX over the past year are nicely spread over this period.
PX is one of the better performing stocks in the Metals & Mining industry, it outperforms 97% of 797 stocks in the same industry.
PX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PX has a been trading in the 0.09 - 0.14 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PX has an excellent technical rating, it 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
0.09
0.13
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.09 from a trend 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 PX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PX.CA is up. |
| ChartMill Relative Strength | 98.64 | POSITIVE | PX.CA has a high relative strength, it outperformed 98.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.25 | NEUTRAL | The RSI value for PX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75 | NEUTRAL | The Stochastics value for PX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.25 | HIGH VOLATILITY | The high ATR as a percentage value for PX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 41.97 | POSITIVE | The high ADX value value for PX.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-V:PX (8/1/2025, 7:00:00 PM)
0.13
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week8.33%
2 Weeks18.18%
1 Month44.44%
3 Month52.94%
6 Month271.43%
12 Month420%
2 Year333.33%
3 Year188.89%
5 Year-50%
10 Year-35%
15 Year-96.83%
Volatility
ATR(14)0.01
ATR(20)%6.25%
ATR Inc19.15%
Range Today0.01
ADR(20)0.01
ADR(20)%5.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.64
Mansfield11.71
10 Day High0.14
10 Day Low0.11
20 Day High0.14
20 Day Low0.09
52 Week High0.14
52 Week Low0.02
CS1 End0.12
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume15.00K
Volume Incr-21.34%
Vol(5)117.03K
Vol(50)117.18K