PAN AMERICAN SILVER CORP (PAAS) Stock Technical Analysis
NYSE:PAAS - New York Stock Exchange, Inc. - CA6979001089 - Common Stock - Currency: USD
Overall PAAS gets a technical rating of 9 out of 10. 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 may just continue or reversal may be around the corner!
Looking at the yearly performance, PAAS did better than 95% of all other stocks. On top of that, PAAS also shows a nice and consistent pattern of rising prices.
PAAS is part of the Metals & Mining industry. There are 151 other stocks in this industry. PAAS outperforms 84% of them.
PAAS is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so PAAS slightly outperforms the market at the moment.
In the last month PAAS has a been trading in the 22.78 - 25.81 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PAAS has an average volume of 2861200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, PAAS also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.83, a Stop Loss order could be placed below this zone.
More info and screens
20.48
26.11
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.93 to 23.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.56 from a trend line in the weekly time frame.
- Support @20.69 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 24.73 to 24.73. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 25.85 to 25.85. This zone is formed by a combination of multiple trend lines 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
CRS95.44
Mansfield1.36
10 Day High25.37
10 Day Low22.78
20 Day High25.81
20 Day Low22.78
52 Week High26.05
52 Week Low13.52
Performance
1 Week3.02%
2 Weeks0.45%
1 Month-1.01%
3 Month10.74%
6 Month31.85%
12 Month77.51%
2 Year34.89%
3 Year-10.07%
5 Year71.32%
10 Year179.93%
15 Year6.05%
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)-0.11
RSI(14)53.99
LBB23.37
UBB25.47
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 |
|---|---|---|---|
| 24.74 | 22.92 | 1.82 (7.36%) | 13.59% |
| An entry @24.74. This is a Buy Stop order right above the resistance zone. | An exit @22.92. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.82 points, which is 7.36%. | When investing 13.59% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
24.55
+0.04 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.16%
1 Week3.02%
2 Weeks0.45%
1 Month-1.01%
3 Month10.74%
6 Month31.85%
12 Month77.51%
2 Year34.89%
3 Year-10.07%
5 Year71.32%
10 Year179.93%
15 Year6.05%
Volatility
ATR(14)1.08
ATR(20)%4.2%
ATR Inc12.92%
Range Today1.48
ADR(20)0.97
ADR(20)%3.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.44
Mansfield1.36
10 Day High25.37
10 Day Low22.78
20 Day High25.81
20 Day Low22.78
52 Week High26.05
52 Week Low13.52
CS1 End23.83
CR1 Start24.73
Volume & EV
DER(3)0.21%
DER(5)0.06%
Volume3.11M
Volume Incr-7.31%
Vol(5)3.09M
Vol(50)2.86M