PARAMOUNT GOLD NEVADA CORP (PZG) Stock Technical Analysis
NYSEARCA:PZG - NYSE Arca - US69924M1099 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to PZG. PZG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, PZG is a bad performer in the overall market: 70% of all stocks are doing better.
PZG is one of the lesser performing stocks in the Metals & Mining industry. 60% of 150 stocks in the same industry do better.
PZG 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month PZG has a been trading in the 0.32 - 0.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, PZG does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PZG 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
0.32
0.52
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @0.32 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.40 from a horizontal line in the weekly time frame.
- Resistance @0.41 from a horizontal line in the daily time frame.
- Resistance @0.51 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.36
Mansfield-2.12
10 Day High0.4
10 Day Low0.32
20 Day High0.43
20 Day Low0.32
52 Week High0.69
52 Week Low0.3
Performance
1 Week-1.5%
2 Weeks-5.29%
1 Month-6.66%
3 Month-11.55%
6 Month-16.46%
12 Month2.81%
2 Year18.23%
3 Year-42.33%
5 Year-56.21%
10 Year-68.33%
15 Year-78.5%
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
RSI(14)46.37
LBB0.33
UBB0.4
0.3547
-0.02 (-4.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-4.78%
1 Week-1.5%
2 Weeks-5.29%
1 Month-6.66%
3 Month-11.55%
6 Month-16.46%
12 Month2.81%
2 Year18.23%
3 Year-42.33%
5 Year-56.21%
10 Year-68.33%
15 Year-78.5%
Volatility
ATR(14)0.03
ATR(20)%9.62%
ATR Inc10.38%
Range Today0.04
ADR(20)0.03
ADR(20)%9.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.36
Mansfield-2.12
10 Day High0.4
10 Day Low0.32
20 Day High0.43
20 Day Low0.32
52 Week High0.69
52 Week Low0.3
CS1 End0.33
CR1 Start0.38
Volume & EV
DER(3)19.59%
DER(5)11.48%
Volume113.30K
Volume Incr9.68%
Vol(5)157.48K
Vol(50)122.49K