PAN AMERICAN SILVER CORP (PAAS)
CA6979001089 - Common Stock
We assign a technical rating of 6 out of 10 to PAAS. In the last year, PAAS was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
PAAS is part of the Metals & Mining industry. There are 157 other stocks in this industry. PAAS outperforms 78% of them.
PAAS 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 PAAS is lagging the market slightly.
PAAS has an average volume of 3813960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, PAAS did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month PAAS has a been trading in the 20.75 - 25.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, PAAS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
18.06
23.14
When analyzing the support we can see 4 important areas.
- A support zone ranging from 22.19 to 22.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.24 to 21.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.87 to 20.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.24 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.55
Mansfield0.94
10 Day High23.23
10 Day Low21.03
20 Day High25.26
20 Day Low20.75
52 Week High26.05
52 Week Low12.16
Performance
1 Week4.71%
2 Weeks-2.14%
1 Month-9.66%
3 Month7.41%
6 Month8.89%
12 Month54.9%
2 Year39.78%
3 Year-10.3%
5 Year19.01%
10 Year144.77%
15 Year-9.23%
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)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)52.07
LBB21.25
UBB23.48
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.24 | 22.18 | 1.06 (4.56%) | 21.92% |
| An entry @23.24. This is a Buy Stop order right above the 10 day high. | An exit @22.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.06 points, which is 4.56%. | For a 1.00% total portfolio risk, you can invest 21.92% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PAAS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PAN AMERICAN SILVER CORP
NYSE:PAAS (11/21/2024, 8:04:01 PM)
After market: 22.85 -0.06 (-0.26%)22.91
+0.49 (+2.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.19%
1 Week4.71%
2 Weeks-2.14%
1 Month-9.66%
3 Month7.41%
6 Month8.89%
12 Month54.9%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.98
ATR(20)%4.14%
ATR Inc
Range Today0.54
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High23.23
10 Day Low21.03
20 Day High25.26
20 Day Low20.75
52 Week High26.05
52 Week Low12.16
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.37M
Volume Incr0.07%
Vol(5)4.33M
Vol(50)3.81M