ALPHAMIN RESOURCES CORP (AFM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:AFM - MU0456S00006 - Common Stock
Taking everything into account, AFM scores 5 out of 10 in our technical rating. AFM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
AFM has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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0.91
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.02 from a trend line in the daily time frame.
- A support zone ranging from 0.99 to 0.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.92 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @1.14 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.16 to 1.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for AFM.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AFM.CA is up. |
| ChartMill Relative Strength | 28.46 | NEGATIVE | AFM.CA has a low relative strength, it was outperformed by 71.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AFM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AFM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AFM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.48 | NEUTRAL | The RSI value for AFM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AFM.CA has a positive trend. |
| Stochastics (14,3) | 75.77 | NEUTRAL | The Stochastics value for AFM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for AFM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.28 | NEGATIVE | The low ADX value for AFM.CA suggests a weak or negative trend. |
TSX-V:AFM (11/28/2025, 7:00:00 PM)
1.11
+0.05 (+4.23%)
ALPHAMIN RESOURCES CORP / AFM.CA FAQ
Can you provide the ChartMill technical rating for ALPHAMIN RESOURCES CORP?
ChartMill assigns a technical rating of 5 / 10 to AFM.CA.
What is the trend direction for AFM stock?
The current trend direction for ALPHAMIN RESOURCES CORP (AFM.CA) is Bearish.
What is the RSI signal for ALPHAMIN RESOURCES CORP (AFM.CA) stock?
ALPHAMIN RESOURCES CORP (AFM.CA) has an RSI value of 61.4825. This indicates that the stock is currently neutral.
What is the support and resistance level for AFM stock?
ALPHAMIN RESOURCES CORP (AFM.CA) has a support level at 1.05 and a resistance level at 1.14. Check the full technical report for our detailed analysis of AFM.CA support and resistance levels.