PLATINUM GROUP METALS LTD (PLG) Stock Technical Analysis
NYSEARCA:PLG - American Stock Exchange - CA72765Q8829 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to PLG. PLG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
PLG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
When comparing the performance of all stocks over the past year, PLG turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
PLG is an average performer in the Metals & Mining industry, it outperforms 51% of 150 stocks in the same industry.
In the last month PLG has a been trading in the 1.20 - 1.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PLG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. 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
1.42
2 important support areas can be observed.
- Support @1.20 from a trend line in the weekly time frame.
- 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.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.35 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.39 to 1.41. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS60.54
Mansfield-1.77
10 Day High1.35
10 Day Low1.2
20 Day High1.42
20 Day Low1.2
52 Week High2.27
52 Week Low0.96
Performance
1 Week4.8%
2 Weeks5.65%
1 Month-1.5%
3 Month-21.56%
6 Month4.8%
12 Month31.79%
2 Year-8.39%
3 Year-34.5%
5 Year-29.95%
10 Year-97.57%
15 Year-99.33%
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)49.66
LBB1.21
UBB1.35
PLATINUM GROUP METALS LTD
NYSEARCA:PLG (2/4/2025, 8:04:01 PM)
After market: 1.34 +0.03 (+2.29%)1.31
+0.05 (+3.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.97%
1 Week4.8%
2 Weeks5.65%
1 Month-1.5%
3 Month-21.56%
6 Month4.8%
12 Month31.79%
2 Year-8.39%
3 Year-34.5%
5 Year-29.95%
10 Year-97.57%
15 Year-99.33%
Volatility
ATR(14)0.07
ATR(20)%6.05%
ATR Inc4.86%
Range Today0.08
ADR(20)0.08
ADR(20)%5.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.54
Mansfield-1.77
10 Day High1.35
10 Day Low1.2
20 Day High1.42
20 Day Low1.2
52 Week High2.27
52 Week Low0.96
CS1 End1.2
CR1 Start1.35
Volume & EV
DER(3)2.99%
DER(5)3.25%
Volume419.30K
Volume Incr13.9%
Vol(5)414.00K
Vol(50)445.73K