PARAMOUNT GOLD NEVADA CORP (PZG)

US69924M1099 - Common Stock

0.2895  +0 (+0.24%)

After market: 0.3 +0.01 (+3.63%)

Technical Rating

0

We assign a technical rating of 0 out of 10 to PZG. PZG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.



Considerably lower volume is observed in the last couple of days.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PZG is a bad performer in the overall market: 79% of all stocks are doing better.
PZG is one of the lesser performing stocks in the Metals & Mining industry. 66% of 953 stocks in the same industry do better.
PZG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PZG is lagging the market.
In the last month PZG has a been trading in the 0.28 - 0.42 range, which is quite wide. It is currently trading near the lows of this range.

Statistics

1 Month 3 Months 6 Months 12 Months -15.13% -3.53% -17.80% -44.84% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 21.25 0.275 - 0.555
PZG Weekly chart
PZG Daily chart

Support/Resistance Analysis


0.29

0.41
When analyzing the resistance we notice 5 important areas.
  • A resistance zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @0.35 from a trend line in the weekly time frame.
  • Resistance @0.39 from a trend line in the weekly time frame.
  • Resistance @0.41 from a horizontal line in the daily time frame.

Setup Analysis

Setup Rating

5

PZG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for PZG in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

PZG Daily chart

PARAMOUNT GOLD NEVADA CORP

NYSEARCA:PZG (5/26/2023, 7:04:01 PM)

After market: 0.3 +0.01 (+3.63%)

0.2895

+0 (+0.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.24%
1 Week-3.34%
2 Weeks-10.45%
1 Month-15.13%
3 Month-3.53%
6 Month-17.8%
12 Month-44.84%
Volatility
ATR(14)0.03
ATR(20)%9.37%
ATR Inc-78.79%
Range Today0.01
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.25
Mansfield-2.63
10 Day High0.35
10 Day Low0.28
20 Day High0.42
20 Day Low0.28
52 Week High0.56
52 Week Low0.28
CS1 EndN/A
CR1 Start0.3
Volume & EV
DER(3)0.48%
DER(5)4.73%
Volume46.20K
Volume Incr-82.3%
Vol(5)124.84K
Vol(50)389.94K
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