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Stock Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
Platinum Group Metals Ltd (TSE:PTM)
Countertrend Up (+85) - PTM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for PTM
The long-term trend has been UP since Jan 15th, 2024 at 1.63
The intermediate-term trend has been UP since Mar 6th, 2024 at 1.44
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 +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.87 | 1.87 | 1.81 | 1.84 | -0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.87 | 12004 | 2024-05-07 15:59:18 |
| Year High | 0.72 | Year High Date | 2018-01-15 |
| Year Low | 0.115 | Year Low Date | 2018-06-11 |
| 52wk High | 0.72 | 52wk High Date | 2018-01-15 |
| 52wk Low | 0.115 | 52wk Low Date | 2018-06-11 |
| Year End Close | 0.81 | Average Volume | 260,948 |
| Volatility | 129.33 |