Affinity Metals Corp (AFF.CA) Stock Technical Analysis
TSX-V:AFF • CA00827Y1060
Overall AFF gets a technical rating of 0 out of 10. AFF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than AFF.
- AFF is part of the Metals & Mining industry. There are 802 other stocks in this industry, of which 94% are performing better than AFF.
- AFF is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month AFF has a been trading in the 0.01 - 0.04 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: AFF has an average volume of 25655 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, AFF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.01
We can see 2 important resistance areas.
- A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for AFF.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AFF.CA is down. |
| ChartMill Relative Strength | 0.95 | NEGATIVE | AFF.CA has a low relative strength, it was outperformed by 99.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AFF.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AFF.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AFF.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.29 | NEUTRAL | The RSI value for AFF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AFF.CA has a negative trend. |
| Average True Range in percent/ATR (20) | 41.67 | HIGH VOLATILITY | The high ATR as a percentage value for AFF.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.62 | NEGATIVE | The low ADX value for AFF.CA suggests a weak or negative trend. |
TSX-V:AFF (10/3/2023, 7:00:00 PM)
0.015
0 (0%)
Affinity Metals Corp / AFF.CA FAQ
What is the technical rating for AFF stock?
ChartMill assigns a technical rating of 0 / 10 to AFF.CA.
Can you provide the trend direction for Affinity Metals Corp?
The current trend direction for Affinity Metals Corp (AFF.CA) is Bearish.
Can you provide the RSI signal for Affinity Metals Corp?
Affinity Metals Corp (AFF.CA) has an RSI value of 44.291. This indicates that the stock is currently neutral.
What is the MACD signal for AFF stock?
The MACD indicator for Affinity Metals Corp (AFF.CA) has a value of -0.00023641, indicating a bearish trend.
What is the buy/sell signal for Affinity Metals Corp (AFF.CA) stock?
The buy/sell signal for Affinity Metals Corp (AFF.CA) is sell as both the short term and long term trends are negative.