Pan American Silver Corp. (PAAS) Stock Price & Analysis
Market: NYSE • Sector: Basic Materials • Industry: Silver
Pan American Silver Corp. (PAAS) Profile & Business Summary
Pan American Silver Corp., together with its subsidiaries, engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Argentina, and Bolivia. It holds interests in the La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, San Vicente, Joaquin, Cap-Oeste Sur Este, and Navidad mines. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp. in April 1995. Pan American Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.
Key Information
| Ticker | PAAS |
|---|---|
| Exchange | NYSE |
| Official Site | https://www.panamericansilver.com |
Market Trend Overview for PAAS
One model, two time views: what the market looks like right now, and where the larger trend is heading over time.
SRE (WhaleQuant Structural Regime Engine) SRE evaluates how price structure evolves across daily and weekly timeframes to define the prevailing market regime. Beyond identifying trends, consolidations, and exhaustion phases, it distinguishes between raw structural strength and deployable participation quality. The model dynamically adjusts for structural context and extension risk, assessing whether conditions are supportive, stretched, fragile, or structurally impaired. Its purpose is not to forecast precise price levels, but to determine whether risk deployment is aligned with underlying market structure.
Longer-Term Market Trend (Mid to Long Term)
Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-10-01 (ET)
As of 2026-10-01, PAAS is breaking down after a failed trend. Over the longer term, the trend remains bullish.
PAAS last closed at 44.98. The price is about 1.5 ATR below its recent average price (49.15), and the market is currently in a breakdown after a failed trend. Price at 44.98 has weakened below prior structure. Next light support lies near 43.74, while resistance is around 46.28. View Support & Resistance from Options
The prior trend has broken down. Downside risk is higher, and the market may need time to stabilize before a new direction forms.
Trend score: 20 out of 100. Overall alignment is weak. The market is currently in a breakdown following a failed trend. Trend alignment is weak, and recent signals suggest the structure may be breaking down.
There is no clear key risk boundary right now.
On 2026-09-11, trend conditions deteriorated, suggesting that moves in the prior direction became less dependable.
[2026-09-22] Price moved quickly and looked strong, but participation was limited.
Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.
There was no clear sign of meaningful positions being carried into the overnight session.
The model does not deploy the setup because the current position looks stretched and more vulnerable to pullback or digestion.
The model does not deploy this setup because pullback risk is 86%, entry geometry is unfavorable at the current location, price is still close to a gamma transition zone, and recent price behavior has shown failed reversal memory. Predictability is 34%, agreement is 78%, and reversal risk is 40%.
NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history
This estimate uses 1-minute price, volume, and VWAP data from the last 50 trading days, with turnover-based decay. The sample period is 2026-07-23 to 2026-10-01. The current price is 44.98, 9.44% below the estimated average cost of 49.67. An estimated 8.7% of recent positioning is below the current price, while 90.9% is above it. The peak-density price is 52.60. The largest concentrated cost region is 50.48 to 52.02 and contains 20.3% of the estimated distribution. The current price is within the 44.98 to 45.02 cost region. The nearest region below the current price is 43.23 to 43.27. The nearest region above the current price is 45.93 to 46.12.
Short Interest & Covering Risk for PAAS
This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.
Shows how likely a short squeeze may be under current market conditions.
Short Exposure Percentile
Short interest is relatively low, indicating limited pressure from short positions. (Historical percentile: 19%)
Structure Analysis
PAAS Short positioning looks normal. Current days to cover is 1.8 trading days, meaning short positions could unwind at a normal pace. Short covering is likely to have a normal impact on price moves. Price is already trending lower (20D return -12.7%). The current configuration reflects active downside pressure rather than latent structural fragility.
Risk Summary
No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.
Why Price Reactions May Be Stronger?
Price action is compressing (range is tightening), which can make breaks more sensitive. Adaptive thresholds applied to liquidity weakness, near-high detection, and compression sensitivity. As a result, similar news or market events could lead to price moves about 1× larger than usual.
Note:
Short interest data is reported every two weeks by
FINRA.
The most recent snapshot is
2026-09-15 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.