ALPHAMIN RESOURCES CORP (AFM.CA) Stock Technical Analysis
Canada - TSX-V:AFM - MU0456S00006 - Common Stock
0.97 CAD
-0.02 (-2.02%)
Taking everything into account, AFM scores 4 out of 10 in our technical rating. In the last year, AFM was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
65% of all other stocks performed better in the past year than AFM.
AFM is one of the lesser performing stocks in the Metals & Mining industry. 69% of 795 stocks in the same industry do better.
In the last month AFM has a been trading in the 0.96 - 1.10 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
AFM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AFM is lagging the market.
Considerably lower volume is observed in the last couple of days.
AFM has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
0.95
1.11
We found 1 important support area.
- A support zone ranging from 0.96 to 0.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance 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.
- A resistance zone ranging from 1.08 to 1.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.10 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 AFM.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AFM.CA is down. |
| ChartMill Relative Strength | 35.2 | NEUTRAL | AFM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AFM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AFM.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AFM.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.29 | NEUTRAL | The RSI value for AFM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AFM.CA has a negative trend. |
| Stochastics (14,3) | 21.21 | NEUTRAL | The Stochastics value for AFM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for AFM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.43 | POSITIVE | The high ADX value value for AFM.CA suggests a strong 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)
TSX-V:AFM (9/12/2025, 7:00:00 PM)
0.97
-0.02 (-2.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.02%
1 Week0%
2 Weeks-9.35%
1 Month-10.19%
3 Month12.79%
6 Month70.18%
12 Month-5.83%
2 Year11.49%
3 Year46.97%
5 Year312.77%
10 Year373.17%
15 Year223.33%
Volatility
ATR(14)0.03
ATR(20)%3.04%
ATR Inc-29.11%
Range Today0.02
ADR(20)0.03
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.2
Mansfield-0.94
10 Day High1.06
10 Day Low0.96
20 Day High1.1
20 Day Low0.96
52 Week High1.32
52 Week Low0.41
CS1 End0.96
CR1 Start1.04
Volume & EV
DER(3)-2.22%
DER(5)4.03%
Volume307.78K
Volume Incr-62.6%
Vol(5)308.62K
Vol(50)550.63K