ALPHAMIN RESOURCES CORP (AFM.CA) Stock Technical Analysis
TSX-V:AFM • MU0456S00006
Taking everything into account, AFM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AFM is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, AFM did better than 81% of all other stocks. On top of that, AFM also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by AFM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month AFM has a been trading in the 1.20 - 1.58 range, which is quite wide. It is currently trading near the high of this range.
- AFM has an average volume of 1446830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- AFM is an average performer in the Metals & Mining industry, it outperforms 49% of 816 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AFM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.02
5 important support areas can be observed.
- A support zone ranging from 1.33 to 1.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.29 to 1.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.22 from a trend line in the weekly time frame.
- A support zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | UP | POSITIVE | The short term trend for AFM.CA is up. |
| ChartMill Relative Strength | 81.78 | POSITIVE | AFM.CA has a high relative strength, it outperformed 81.78% 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) | 67.62 | NEUTRAL | The RSI value for AFM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AFM.CA has a positive trend. |
| Stochastics (14,3) | 93.79 | OVERBOUGHT | The high Stochastics value suggests AFM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.89 | MEDIUM VOLATILITY | The ATR as a percentage value for AFM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.52 | NEGATIVE | The low ADX value for AFM.CA suggests a weak or negative trend. |
TSX-V:AFM (2/27/2026, 7:00:00 PM)
1.57
+0.13 (+9.03%)
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 67.6208. This indicates that the stock is currently neutral.
What is the buy/sell signal for ALPHAMIN RESOURCES CORP (AFM.CA) stock?
The buy/sell signal for ALPHAMIN RESOURCES CORP (AFM.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ALPHAMIN RESOURCES CORP (AFM.CA) stock?
ALPHAMIN RESOURCES CORP (AFM.CA) has a support level at 1.36. Check the full technical report for our detailed analysis of AFM.CA support and resistance levels.