ALLIED GOLD CORP (AAUC.CA) Stock Technical Analysis
TSX:AAUC - Toronto Stock Exchange - CA01921D1050 - Common Stock - Currency: CAD
Overall AAUC gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, AAUC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 18.57. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.46, a Stop Loss order could be placed below this zone.
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15.28
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.01 to 18.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.31 from a trend line in the daily time frame.
- Support @15.43 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 18.57 to 18.82. 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 | 87.3 | POSITIVE | AAUC.CA has a high relative strength, it outperformed 87.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AAUC.CA is below a declining 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) | 48.33 | NEUTRAL | The RSI value for AAUC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests AAUC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.48 | NEUTRAL | The Stochastics value for AAUC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for AAUC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.72 | NEGATIVE | The low ADX value for AAUC.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 18.83 | 18.00 | 0.83 (4.41%) | 22.69% |
| An entry @18.83. This is a Buy Stop order right above the resistance zone. | An exit @18.00. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.83 points, which is 4.41%. | For a 1.00% total portfolio risk, you can invest 22.69% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AAUC. Please evaluate whether better entry and exit points can be found.
- 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 (7/11/2025, 7:00:00 PM)
18.54
+0.41 (+2.26%)