Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 2, 2024.

Platinum Group Metals Ltd (TSE:PTM)

Sidelines Mode (+55) - PTM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PTM?

MarketClub looks at technical strength and momentum to determine if the timing is right for PTM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_PTM
Open High Low PTM Price Change
1.80 1.89 1.79 1.82 -0.01
Entry Signal

MarketClub’s Trade Triangles for PTM

long term up The long-term trend has been UP since Jan 15th, 2024 at 1.63

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2024 at 1.44

short term down The short-term trend has been DOWN since Apr 30th, 2024 at 1.77

Smart Scan Analysis for PTM

Based on our trend formula, PTM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for PTM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.80 1.89 1.79 1.82 -0.01
Prev. Close Volume Bid Ask Time
1.83 15010 2024-05-02 15:58:02
Year High0.72Year High Date2018-01-15
Year Low0.115Year Low Date2018-06-11
52wk High0.7252wk High Date2018-01-15
52wk Low0.11552wk Low Date2018-06-11
Year End Close0.81Average Volume260,948
Volatility129.33
Get a free daily analysis and signals for Platinum Group Metals Ltd (PTM) - Request Your Free Report.