RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PTHRF
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Pantheon Resources Plc stock price ended at $0.340 on Wednesday, after losing 1.88%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 19, 2024 Loss -1.88% PDF

The Pantheon Resources Plc stock price fell by -1.88% on the last day (Wednesday, 27th Mar 2024) from $0.347 to $0.340. During the last trading day the stock fluctuated 5.74% from a day low at $0.328 to a day high of $0.347. The price has fallen in 6 of the last 10 days and is down by -12.37% for this period. Volume has increased on the last day by 277 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 308 thousand shares were bought and sold for approximately $104.87 thousand.

The stock lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 8.79% during the next 3 months and, with a 90% probability hold a price between $0.351 and $0.444 at the end of this 3-month period.

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PTHRF Signals & Forecast

There are few to no technical positive signals at the moment. The Pantheon Resources Plc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.343 and $0.348. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -12.37%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Pantheon Resources Plc gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for Pantheon Resources Plc stock

Pantheon Resources Plc finds support from accumulated volume at $0.330 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0188 between high and low, or 5.74%. For the last week, the stock has had daily average volatility of 3.86%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (PTHRF) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Pantheon Resources Plc to open at $0.338, and during the day (based on 14 day Average True Range), to move between $0.318 and $0.362, which gives a possible trading interval of +/-$0.0220 (+/-6.48%) up or down from last closing price. If Pantheon Resources Plc takes out the full calculated possible swing range there will be an estimated 12.96% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.330 (2.94%) than the resistance at $0.365 (7.35%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Pantheon Resources Plc stock A Buy?

The Pantheon Resources Plc stock holds several negative signals and despite the positive trend, we believe Pantheon Resources Plc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.059 Sell Candidate Unchanged

Predicted Opening Price for Pantheon Resources Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$0.338 ( 0.507%) $0.340

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PTHRF

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.357 5.03 %
R2 0.350 2.92 %
R1 0.345 1.61 %
Current price: 0.340
Support S1 0.331 -2.62 %
S2 0.327 -3.93 %
S3 0.319 -6.05 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.388 14.12 %
R2 0.370 8.82 %
R1 0.365 7.35 %
Current price 0.340
Support S1 0.330 -2.94%
S2 0.325 -4.41%
S3 0.313 -7.94%

FAQ

What is the symbol for Pantheon Resources Plc Stock and on which exchange is it traded?
The symbol for Pantheon Resources Plc is PTHRF and it is traded on the OTCBB (OTC Bulletin Board).

Should I buy or sell Pantheon Resources Plc Stock?
The Pantheon Resources Plc stock holds several negative signals and despite the positive trend, we believe Pantheon Resources Plc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Pantheon Resources Plc Stock?
Pantheon Resources Plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Pantheon Resources Plc Stock.

What's the current price of Pantheon Resources Plc Stock?
As of the end of day on the 2024-03-27, the price of an Pantheon Resources Plc (PTHRF) share was $0.340.

What is the 52-week high and low for Pantheon Resources Plc Stock?
The 52-week high for Pantheon Resources Plc Stock is $0.481 and the 52-week low is $0.130.

What is the market capitalization of Pantheon Resources Plc Stock?
As of the 2024-03-27, the market capitalization of Pantheon Resources Plc is 321.034M.
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About Pantheon Resources Plc

Pantheon Resources Plc, through its subsidiaries, engages in the exploration and production of oil and gas in the United States. Its primary assets are the Greater Alkaid project that covers 22,804 acres located in Alaska; and the Talitha project covering an area of approximately 44,463 acres. The company was incorporated in 2005 and is headquartered in London, the United Kingdom.... PTHRF Profile

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