ALLIED GOLD CORP (AAUC.CA) Stock Technical Analysis
TSX:AAUC - Toronto Stock Exchange - CA01921D1050 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to AAUC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AAUC is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that AAUC is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, AAUC also shows a nice and consistent pattern of rising prices.
AAUC is part of the Metals & Mining industry. There are 797 other stocks in this industry. AAUC outperforms 73% of them.
AAUC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AAUC is lagging the market slightly.
In the last month AAUC has a been trading in the 17.45 - 19.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, AAUC also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 18.30, a Stop Loss order could be placed below this zone.
More info and screens
16.03
21.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.48 to 18.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.18 from a trend line in the daily time frame.
- Support @16.19 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.96 to 19.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @21.23 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AAUC.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AAUC.CA is neutral. |
| ChartMill Relative Strength | 89.48 | POSITIVE | AAUC.CA has a high relative strength, it outperformed 89.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AAUC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AAUC.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AAUC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.68 | NEUTRAL | The RSI value for AAUC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AAUC.CA has a positive trend. |
| Stochastics (14,3) | 52.23 | NEUTRAL | The Stochastics value for AAUC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for AAUC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 10.71 | NEGATIVE | The low ADX value for AAUC.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.16 | 17.44 | 1.72 (8.98%) | 11.14% |
| An entry @19.16. This is a Buy Stop order right above the resistance zone. | An exit @17.44. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.72 points, which is 8.98%. | For a 1.00% total portfolio risk, you can invest 11.14% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:AAUC (8/6/2025, 7:00:00 PM)
18.81
+0.27 (+1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.46%
1 Week4.73%
2 Weeks-2.13%
1 Month4.44%
3 Month4.15%
6 Month32%
12 Month111.82%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%3.42%
ATR Inc2.05%
Range Today0.39
ADR(20)0.59
ADR(20)%3.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.48
Mansfield2.7
10 Day High19.15
10 Day Low17.45
20 Day High19.32
20 Day Low17.45
52 Week High21.59
52 Week Low8.07
CS1 End18.3
CR1 Start18.96
Volume & EV
DER(3)-7.15%
DER(5)-6.2%
Volume697.84K
Volume Incr18.1%
Vol(5)428.26K
Vol(50)480.41K