Technical Analysis for PTM - Platinum Group Metals Ltd.

Grade Last Price % Change Price Change
grade B 3.15 2.27% 0.070
PTM closed up 2.27 percent on Friday, August 7, 2020, on 1.12 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical PTM trend table...

Date Alert Name Type % Chg
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Bearish Engulfing Bearish 2.27%
Stochastic Reached Overbought Strength 2.27%
Wide Bands Range Expansion 2.27%
Overbought Stochastic Strength 2.27%
Shooting Star Candlestick Bearish 1.29%
Golden Cross Bullish 1.29%
Pocket Pivot Bullish Swing Setup 1.29%
Volume Surge Other 1.29%

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Profile

Platinum Group Metals Ltd. is an exploration- and development-stage Company. The Company is focused on exploration and development of platinum. The Company conducts work on mineral properties it has staked or acquired by way of option agreements in the Republic of South Africa and in Canada. Its business is focused on production ramp up at the Maseve Mine, and the exploration and initial engineering on the Waterberg platinum deposit, which includes the Waterberg Joint Venture Project (the Waterberg JV Project) and the adjoining Waterberg Extension Project. The Company has operations in South Africa and Canada. The Maseve platinum mine site is located on the Western Limb of the Bushveld Complex approximately 35 kilometers north west of the town of Rustenburg. The Waterberg JV Project consists of a contiguous granted prospecting right area of approximately 255 square kilometers located on the Northern Limb of the Bushveld Complex, over 70 kilometers north of the town of Mokopane.
Geography Of Africa Mine Site Bushveld Complex Geography Of South Africa Grasslands Bushveld Geology Of South Africa

Is PTM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.86
52 Week Low 1.25
Average Volume 49,106
200-Day Moving Average 2.211
50-Day Moving Average 2.241
20-Day Moving Average 2.551
10-Day Moving Average 3.021
Average True Range 0.210
ADX 34.69
+DI 35.102
-DI 14.985
Chandelier Exit (Long, 3 ATRs ) 2.720
Chandelier Exit (Short, 3 ATRs ) 2.500
Upper Bollinger Band 3.574
Lower Bollinger Band 1.527
Percent B (%b) 0.79
BandWidth 80.290
MACD Line 0.289
MACD Signal Line 0.238
MACD Histogram 0.0519
Fundamentals Value
Market Cap 467.66 Million
Num Shares 148 Million
EPS -2.32
Price-to-Earnings (P/E) Ratio -1.36
Price-to-Sales 0.00
Price-to-Book 0.31
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.375
Resistance 3 (R3) 3.367 3.283 3.338
Resistance 2 (R2) 3.283 3.226 3.288 3.325
Resistance 1 (R1) 3.217 3.191 3.175 3.225 3.312
Pivot Point 3.133 3.133 3.113 3.138 3.133
Support 1 (S1) 3.067 3.076 3.025 3.075 2.988
Support 2 (S2) 2.983 3.041 2.988 2.975
Support 3 (S3) 2.917 2.983 2.963
Support 4 (S4) 2.925