PATRIOT BATTERY METALS INC (PMET.CA)

CA70337R1073 - Common Stock

2.62  +0.14 (+5.65%)

Technical Rating and Analysis

0

Taking everything into account, PMET scores 0 out of 10 in our technical rating. PMET scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
98% of all other stocks performed better in the past year than PMET.
PMET is one of the lesser performing stocks in the Metals & Mining industry. 92% of 846 stocks in the same industry do better.
PMET is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month PMET has a been trading in the 2.36 - 3.77 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
PMET Weekly chart
PMET Daily chart
Setup Rating and Analysis

3

The technical rating of PMET is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

2.59

5.19

When analyzing the resistance we notice 4 important areas.

  • Resistance @2.77 from a trend line in the weekly time frame.
  • A resistance zone ranging from 2.82 to 2.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @3.96 from a trend line in the daily time frame.
  • Resistance @5.14 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.98
Mansfield-6.41
10 Day High3.36
10 Day Low2.36
20 Day High3.77
20 Day Low2.36
52 Week High10.46
52 Week Low2.36
Performance
1 Week-8.71%
2 Weeks-21.08%
1 Month-23.84%
3 Month-43.78%
6 Month-68.36%
12 Month-72.71%
2 Year-65.02%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.06
RSI(14)29.38
LBB2.3
UBB3.66
PMET Daily chart

PATRIOT BATTERY METALS INC

TSX-V:PMET (11/21/2024, 7:00:00 PM)

2.62

+0.14 (+5.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg5.65%
1 Week-8.71%
2 Weeks-21.08%
1 Month-23.84%
3 Month-43.78%
6 Month-68.36%
12 Month-72.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.19
ATR(20)%7.36%
ATR Inc
Range Today0.31
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 High3.36
10 Day Low2.36
20 Day High3.77
20 Day Low2.36
52 Week High10.46
52 Week Low2.36
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume506.21K
Volume Incr34.18%
Vol(5)376.20K
Vol(50)259.34K