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Platinum Group Metals Ltd.

PTM.TO Technical Analysis Summary (TSX)

Analyze PTM.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

PTM.TO●TSX
Basic MaterialsOther Precious Metals
$1.97
$0.09(4.37%)
Canadian Market opens in 14h 45m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PTM.TO Technical Analysis Summary (TSX)

Platinum Group Metals Ltd. (TSX: PTM.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.83)
Trend Strength:Weak (ADX: 18.31)
Volatility:High (ATR: 0.11)
Support/Resistance:$1.95 – $2.28 (Bollinger Bands)

Technical conditions suggest Platinum Group Metals Ltd. on the TSX is awaiting a decisive move. This mix signals that Platinum Group Metals Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 43.83

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 15.73

Bullish
Oversold zone signals rebound potential.

Williams %R: -90.32

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -13.22

Strongly Bearish
Sharp downside momentum.

Takeaway:Platinum Group Metals Ltd. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.31

Weak
Weak trend, market trading sideways.

ATR (14): 0.11

Low
Low volatility, stable price action.

CCI (14): -162.69

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Platinum Group Metals Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.28
Middle Band (SMA 20)
$2.12
Lower Band
$1.95
Current Position
Within Bands

Takeaway:Platinum Group Metals Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2.31
Middle Line (EMA 20)
$2.09
Lower Channel
$1.86
Squeeze Status
Squeeze On

Takeaway:Platinum Group Metals Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-864.07K
Money Flow Index39.11Bearish, selling pressure outweighs inflows.
Relative Vigor Index48.05Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:PTM.TO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Platinum Group Metals Ltd. (TSX: PTM.TO), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Platinum Group Metals Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: PTM.TO) Technical Analysis FAQ