ALPHAMIN RESOURCES CORP (AFM.CA) Technical Analysis
TSX-V:AFM • MU0456S00006
We assign a technical rating of 10 out of 10 to AFM. Both in the recent history as in the last year, AFM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that AFM is one of the better performing stocks in the market, outperforming 80% of all stocks. On top of that, AFM also shows a nice and consistent pattern of rising prices.
- AFM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AFM is lagging the market slightly.
- AFM has an average volume of 1499810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- AFM is part of the Metals & Mining industry. There are 816 other stocks in this industry, AFM did better than 48% of them.
- In the last month AFM has a been trading in the 1.20 - 1.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although AFM has an excellent technical rating, it does not present a decent entry opportunity 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
1.02
When analyzing the support we can see 5 important areas.
- A support zone ranging from 1.30 to 1.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.24 from a trend line in the weekly time frame.
- Support @1.14 from a trend line in the weekly time frame.
- Support @1.12 from a trend line in the daily time frame.
- Support @1.03 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 | NEUTRAL | NEUTRAL | The short term trend for AFM.CA is neutral. |
| ChartMill Relative Strength | 80.52 | POSITIVE | AFM.CA has a high relative strength, it outperformed 80.52% 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) | 65.18 | NEUTRAL | The RSI value for AFM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AFM.CA has a positive trend. |
| Stochastics (14,3) | 91.43 | OVERBOUGHT | The high Stochastics value suggests AFM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for AFM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.62 | NEGATIVE | The low ADX value for AFM.CA suggests a weak or negative trend. |
AFM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:AFM (3/3/2026, 7:00:00 PM)
1.55
+0.01 (+0.65%)
ALPHAMIN RESOURCES CORP / AFM.CA FAQ
Can you provide the ChartMill technical rating for ALPHAMIN RESOURCES CORP?
ChartMill assigns a technical rating of 10 / 10 to AFM.CA.
What is the current trend direction of ALPHAMIN RESOURCES CORP (AFM.CA) stock?
The current trend direction for ALPHAMIN RESOURCES CORP (AFM.CA) is Bullish.
What is the RSI signal for ALPHAMIN RESOURCES CORP (AFM.CA) stock?
ALPHAMIN RESOURCES CORP (AFM.CA) has an RSI value of 65.1821. This indicates that the stock is currently neutral.
What are the support and resistance levels for ALPHAMIN RESOURCES CORP (AFM.CA) stock?
ALPHAMIN RESOURCES CORP (AFM.CA) has a support level at 1.35. Check the full technical report for our detailed analysis of AFM.CA support and resistance levels.