PLATINUM GROUP METALS LTD (PLG) Stock Technical Analysis
NYSEARCA:PLG - NYSE Arca - CA72765Q8829 - Common Stock - Currency: USD
Overall PLG gets a technical rating of 1 out of 10. PLG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, PLG is a bad performer in the overall market: 68% of all stocks are doing better.
PLG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month PLG has a been trading in the 1.10 - 1.53 range, which is quite wide. It is currently trading near the lows of this range.
PLG is an average performer in the Metals & Mining industry, it outperforms 43% of 151 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, PLG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.18, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PLG 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.
More info and screens
1.15
1.39
When analyzing the support we notice one important area.
- A support zone ranging from 1.16 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @1.23 from a trend line in the weekly time frame.
- Resistance @1.26 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.29 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.38 to 1.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.88
Mansfield-2.07
10 Day High1.32
10 Day Low1.1
20 Day High1.53
20 Day Low1.1
52 Week High2.27
52 Week Low1.06
Performance
1 Week1.68%
2 Weeks-6.92%
1 Month-4.72%
3 Month-21.94%
6 Month2.54%
12 Month8.04%
2 Year-15.38%
3 Year-42.65%
5 Year-7.63%
10 Year-97.84%
15 Year-99.38%
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)-0.01
RSI(14)44.34
LBB1.09
UBB1.43
1.21
-0.01 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.82%
1 Week1.68%
2 Weeks-6.92%
1 Month-4.72%
3 Month-21.94%
6 Month2.54%
12 Month8.04%
2 Year-15.38%
3 Year-42.65%
5 Year-7.63%
10 Year-97.84%
15 Year-99.38%
Volatility
ATR(14)0.1
ATR(20)%8.91%
ATR Inc-34.06%
Range Today0.09
ADR(20)0.11
ADR(20)%8.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.88
Mansfield-2.07
10 Day High1.32
10 Day Low1.1
20 Day High1.53
20 Day Low1.1
52 Week High2.27
52 Week Low1.06
CS1 End1.18
CR1 Start1.23
Volume & EV
DER(3)11.17%
DER(5)7.41%
Volume270.70K
Volume Incr36.82%
Vol(5)679.12K
Vol(50)463.37K