PLATINUM GROUP METALS LTD (PTM.CA) Stock Technical Analysis
TSX:PTM - Toronto Stock Exchange - CA72765Q8829 - Common Stock - Currency: CAD
Overall PTM gets a technical rating of 3 out of 10. PTM 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 and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, PTM turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
PTM is an average performer in the Metals & Mining industry, it outperforms 53% of 820 stocks in the same industry.
PTM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PTM is lagging the market.
In the last month PTM has a been trading in the 1.72 - 2.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, PTM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.75, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PTM 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
1.58
2.12
3 important support areas can be observed.
- A support zone ranging from 1.75 to 1.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.66 to 1.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.60 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.96 to 1.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.03 from a trend line in the daily time frame.
- Resistance @2.10 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
CRS55.11
Mansfield-1.52
10 Day High2.15
10 Day Low1.77
20 Day High2.15
20 Day Low1.72
52 Week High3.13
52 Week Low1.32
Performance
1 Week-11%
2 Weeks1.64%
1 Month1.09%
3 Month-24.39%
6 Month-0.53%
12 Month38.81%
2 Year-4.62%
3 Year-26.19%
5 Year-26.19%
10 Year-99.71%
15 Year-99.91%
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)46.5
LBB1.76
UBB2.1
TSX:PTM (2/21/2025, 7:00:00 PM)
1.86
-0.19 (-9.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-9.27%
1 Week-11%
2 Weeks1.64%
1 Month1.09%
3 Month-24.39%
6 Month-0.53%
12 Month38.81%
2 Year-4.62%
3 Year-26.19%
5 Year-26.19%
10 Year-99.71%
15 Year-99.91%
Volatility
ATR(14)0.13
ATR(20)%6.65%
ATR Inc29.41%
Range Today0.17
ADR(20)0.11
ADR(20)%5.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.11
Mansfield-1.52
10 Day High2.15
10 Day Low1.77
20 Day High2.15
20 Day Low1.72
52 Week High3.13
52 Week Low1.32
CS1 End1.75
CR1 Start1.96
Volume & EV
DER(3)13.97%
DER(5)5.15%
Volume67.75K
Volume Incr59.12%
Vol(5)53.51K
Vol(50)31.76K