PLATINUM GROUP METALS LTD (PTM.CA) Stock Technical Analysis
TSX:PTM - Toronto Stock Exchange - CA72765Q8829 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to PTM. PTM 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
76% of all other stocks performed better in the past year than PTM.
PTM is part of the Metals & Mining industry. There are 799 other stocks in this industry, of which 62% are performing better than PTM.
PTM 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 PTM has a been trading in the 1.39 - 1.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PTM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.50, a Stop Loss order could be placed below this zone.
More info and screens
1.47
1.93
When analyzing the support we notice one important area.
- A support zone ranging from 1.48 to 1.50. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.76 to 1.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.83 from a trend line in the daily time frame.
- Resistance @1.91 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
CRS24.2
Mansfield-1.64
10 Day High1.9
10 Day Low1.41
20 Day High1.9
20 Day Low1.39
52 Week High3.13
52 Week Low1.39
Performance
1 Week-14.89%
2 Weeks11.11%
1 Month-12.09%
3 Month-14.44%
6 Month-47.37%
12 Month-14.89%
2 Year-24.17%
3 Year-24.88%
5 Year-26.94%
10 Year-99.7%
15 Year-99.94%
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)43.05
LBB1.38
UBB1.95
TSX:PTM (4/22/2025, 7:00:00 PM)
1.6
-0.08 (-4.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-4.76%
1 Week-14.89%
2 Weeks11.11%
1 Month-12.09%
3 Month-14.44%
6 Month-47.37%
12 Month-14.89%
2 Year-24.17%
3 Year-24.88%
5 Year-26.94%
10 Year-99.7%
15 Year-99.94%
Volatility
ATR(14)0.14
ATR(20)%8.16%
ATR Inc-25.76%
Range Today0.06
ADR(20)0.12
ADR(20)%7.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.2
Mansfield-1.64
10 Day High1.9
10 Day Low1.41
20 Day High1.9
20 Day Low1.39
52 Week High3.13
52 Week Low1.39
CS1 End1.5
CR1 Start1.76
Volume & EV
DER(3)-4.87%
DER(5)-2.06%
Volume37.08K
Volume Incr14.53%
Vol(5)50.10K
Vol(50)45.47K