PAAS technical analysis

PAAS Technical Analysis

Analysis date

August 7, 2026

Market

NYSE (USD)

Daily cutoff

August 6, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

PAAS Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
PAAS
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
August 6, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series48.05August 6, 2026-Verified
Verification series48.05August 6, 20260.00%Verified

Bottom line

PAAS Technical Analysis Summary

PAAS (Pan American Silver) shows a daily chart that is improving after a sharp pullback, while the weekly chart remains in a corrective phase. As of the August 6, 2026 cutoff, the daily close of 48.05 is above SMA20 (43.97) and SMA50 (46.58) but below SMA200 (50.56). RSI14 is 60.45, above the 50 midline, and the MACD line at -0.02 sits above the signal line at -0.76 with a positive histogram, pointing to short-term momentum building after a 5-day gain of 9.13%. The weekly chart is less supportive: price at 43.11 is below SMA20 (50.63) and SMA50 (48.07), RSI14 is 42.69, and MACD is negatively configured. Silver price dynamics remain the primary driver for PAAS as a pure-play silver producer. Key resistance is at SMA200 (50.56) and the 20-day high (48.64), with the 60-day high (64.73) further above. Support is at the 20-day low (40.76) and the 52-week low (28.73).

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 6, 2026)

Trend
Mixed to improving. Price at 48.05 is above SMA20 (43.97, +9.28%) and SMA50 (46.58, +3.16%) but below SMA200 (50.56, -4.96%). SMA20 is still below SMA50, reflecting the damage from the recent decline, but price has reclaimed both and is attempting to build on the rebound.
Momentum
Improving. RSI14 at 60.45 is above the 50 midline, showing building momentum. The MACD line at -0.02 remains slightly below zero but is well above the signal line at -0.76, producing a positive histogram of 0.74. This indicates momentum is turning up even though the MACD line has not yet returned to positive territory.
Volatility
Moderate. ATR14 at 1.99 (4.15% of price) reflects average daily movement of about 4%, typical for a precious metals miner. Bollinger Bands (40.64 to 47.29) are moderately wide, and price at 48.05 closed just above the upper band, consistent with the recent sharp rally. Such extension often precedes short-term consolidation.
Volume
Slightly below average. Latest volume of 3,169,869 is 88.7% of the 20-period average of 3,573,918. The rebound has advanced without heavy volume confirmation, which is a caution flag until participation improves.

Assessment

The daily chart is showing an early-stage recovery. Price has climbed back above SMA20 and SMA50 after a steep decline from the 52-week high near 69.58, and the last five sessions added about 9%. RSI14 at 60.45 reflects improving but not excessive momentum, and the MACD histogram is positive, although the MACD line remains slightly below zero. Price closed just above the upper Bollinger band, which can signal short-term extension. The main obstacle is SMA200 at 50.56, and the rally has run on volume slightly below its 20-day average, so follow-through buying is still being tested.

Weekly (July 27, 2026 week)

Trend
Corrective. Price at 43.11 is below SMA20 (50.63, -14.85%) and SMA50 (48.07, -10.32%) but above SMA200 (26.10, +65.17%). SMA20 is positioned above SMA50, but price has traded below both during the pullback, leaving the medium-term bias negative until those averages are reclaimed.
Momentum
Bearish. RSI14 at 42.69 is below the 50 midline. MACD is negatively configured with the line at -1.91 below the signal at -0.27 and a negative histogram of -1.64, indicating downside momentum at the weekly level.
Volatility
Elevated. ATR14 at 5.81 (13.49% of price) reflects wide weekly ranges typical of a precious metals miner. Bollinger Bands (39.43 to 61.83) are wide, with price near the lower half of the band, consistent with the recent pullback.
Volume
Below average. Latest weekly volume of 16,897,800 is 66.3% of the 20-week average of 25,472,375, showing lighter participation during the decline.

Assessment

The weekly chart remains in a pullback from the May 2026 highs. Price at 43.11 is below SMA20 (50.63) and SMA50 (48.07), RSI14 at 42.69 is below the 50 midline, and MACD is negatively configured with the line at -1.91 below the signal at -0.27. The weekly setup does not confirm the daily recovery yet. Price remains above SMA200 at 26.10, and the 60-week return is still strongly positive, but the medium-term trend is down until price reclaims the weekly moving averages.

Key indicators

PAAS Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)60.4542.69
MACD (12, 26, 9)-0.02 / -0.76 / 0.74-1.91 / -0.27 / -1.64
ATR (14)1.99 (4.15%)5.81 (13.49%)
Bollinger Bands (20, 2)40.64 - 47.2939.43 - 61.83
SMA (20)43.9750.63
SMA (50)46.5848.07
SMA (200)50.5626.10

Price structure

PAAS Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price48.0543.11
1-Period Return-0.39%-2.09%
5-Period Return+9.13%-5.15%
20-Period Return+8.91%-22.93%
60-Period Return-22.61%+51.36%
252-Period Return+65.87%+103.38%
52-Week Low28.7327.14
52-Week High69.5869.58
52-Week Position47.30%37.63%

Key levels

PAAS Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High48.6464.73
20-Period Low40.7640.76
60-Period High64.7369.58
60-Period Low40.7626.61

Scenarios

PAAS Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price closes above the 20-day high at 48.64 and then above SMA200 at 50.56 on expanding volume, confirming a breakout from the recent consolidation.

Invalidation

Price fails to hold above SMA20 at 43.97 and falls back below the 20-day low at 40.76.

What to watch

Daily RSI staying above 55; MACD histogram continuing to expand; volume rising on up days; weekly RSI recovering above 50; silver price action for sector confirmation.

Range-Bound

Trigger

Price trades between SMA200 resistance at 50.56 and the 20-day low at 40.76, with SMA50 at 46.58 acting as the middle reference.

Invalidation

A decisive close above 50.56 or below 40.76 on increasing volume.

What to watch

Daily RSI holding between 45 and 60; MACD histogram hovering near zero; volume staying near the 20-period average; silver price range for confirmation.

Bearish

Trigger

Price loses support at SMA20 at 43.97 and breaks the 20-day low at 40.76, opening a move toward the 52-week low at 28.73.

Invalidation

Price reclaims and holds above SMA50 at 46.58 with a higher low above 43.97.

What to watch

Daily RSI falling below 50; MACD histogram turning negative; weekly close below 43.11 signaling continued weekly weakness.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 6, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 6, 2026, weekly July 27, 2026 week. Generated August 7, 2026.