PARAMOUNT GOLD NEVADA CORP (PZG) Stock Technical Analysis
USA - NYSEARCA:PZG - US69924M1099 - Common Stock
1.11 USD
-0.06 (-5.13%)
1.11 USD
0 (0%)
Overall PZG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PZG is showing a nice and steady performance.
In the last month PZG has a been trading in the 1.05 - 1.41 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.
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 yearly performance of all stocks, we notice that PZG is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, PZG also shows a nice and consistent pattern of rising prices.
PZG is part of the Metals & Mining industry. There are 156 other stocks in this industry. PZG outperforms 83% of them.
PZG 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 PZG is lagging the market slightly.
Although PZG 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
0.78
1.24
When analyzing the support we notice one important area.
- Support @0.79 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.22 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages 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 PZG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PZG is neutral. |
| ChartMill Relative Strength | 96.86 | POSITIVE | PZG has a high relative strength, it outperformed 96.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PZG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PZG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PZG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.32 | NEUTRAL | The RSI value for PZG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PZG has a negative trend. |
| Stochastics (14,3) | 18.69 | OVERSOLD | The low Stochastics value suggests PZG may be oversold. |
| Average True Range in percent/ATR (20) | 7.95 | HIGH VOLATILITY | The high ATR as a percentage value for PZG suggests high volalility. |
| Average Directional Index/ADX (14) | 34.26 | POSITIVE | The high ADX value value for PZG 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)
1.11
-0.06 (-5.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.13%
1 Week-8.26%
2 Weeks-8.26%
1 Month0.91%
3 Month64.74%
6 Month186.97%
12 Month155.17%
2 Year264.29%
3 Year256.91%
5 Year4.72%
10 Year0.91%
15 Year-34.32%
Volatility
ATR(14)0.09
ATR(20)%7.95%
ATR Inc16.16%
Range Today0.13
ADR(20)0.08
ADR(20)%7.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.86
Mansfield7.94
10 Day High1.34
10 Day Low1.05
20 Day High1.41
20 Day Low1.05
52 Week High1.41
52 Week Low0.31
CS1 End0.79
CR1 Start1.22
Volume & EV
DER(3)-3.35%
DER(5)-1.33%
Volume1.00M
Volume Incr14.3%
Vol(5)750.70K
Vol(50)745.08K