ALPHAMIN RESOURCES CORP (AFM.CA) Stock Technical Analysis
TSX-V:AFM - TSX Venture Exchange - MU0456S00006 - Common Stock - Currency: CAD
Overall AFM gets a technical rating of 6 out of 10. 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.
When comparing the yearly performance of all stocks, AFM is a bad performer in the overall market: 79% of all stocks are doing better.
AFM is one of the lesser performing stocks in the Metals & Mining industry. 62% of 805 stocks in the same industry do better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month AFM has a been trading in the 0.80 - 0.98 range, which is quite wide. It is currently trading near the high of this range.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
0.79
0.99
When analyzing the support we notice one important area.
- A support zone ranging from 0.80 to 0.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- Resistance @0.95 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.98 to 0.98. This zone is formed by a combination of multiple trend lines 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 | 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 | 21.76 | NEGATIVE | AFM.CA has a low relative strength, it was outperformed by 78.24% 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) | DOWN | NEGATIVE | The current price of AFM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.22 | NEUTRAL | The RSI value for AFM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AFM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.52 | OVERBOUGHT | The high Stochastics value suggests AFM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for AFM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.58 | NEUTRAL | The ADX value for AFM.CA suggests a possible start of a new 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 (7/11/2025, 7:00:00 PM)
0.945
-0.04 (-3.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.57%
1 Week6.18%
2 Weeks12.5%
1 Month8.62%
3 Month16.67%
6 Month-11.68%
12 Month-19.92%
2 Year-7.35%
3 Year26.85%
5 Year397.37%
10 Year425%
15 Year455.88%
Volatility
ATR(14)0.04
ATR(20)%3.99%
ATR Inc57.14%
Range Today0.04
ADR(20)0.04
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.76
Mansfield-0.98
10 Day High0.98
10 Day Low0.81
20 Day High0.98
20 Day Low0.8
52 Week High1.32
52 Week Low0.41
CS1 End0.81
CR1 Start0.95
Volume & EV
DER(3)-8.14%
DER(5)0.71%
Volume266.09K
Volume Incr-20.79%
Vol(5)435.12K
Vol(50)718.08K