ALPHAMIN RESOURCES CORP (AFM.CA) Stock Technical Analysis
Canada - TSX-V:AFM - MU0456S00006 - Common Stock
1.16 CAD
+0.06 (+5.45%)
We assign a technical rating of 6 out of 10 to AFM. In the last year, AFM was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
AFM is part of the Metals & Mining industry. There are 818 other stocks in this industry, of which 70% are performing better than AFM.
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.
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.
In the last month AFM has a been trading in the 0.91 - 1.16 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AFM has an average volume of 1036560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, AFM turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
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. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.91
1.30
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.98 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.95 from a trend line in the daily time frame.
- Support @0.92 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.29 from a horizontal line in the weekly 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 | 49.62 | NEUTRAL | AFM.CA is not amongst the best or worst performers 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) | 74.72 | OVERBOUGHT | The high RSI value suggests AFM.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AFM.CA has a positive trend. |
| Stochastics (14,3) | 92.05 | OVERBOUGHT | The high Stochastics value suggests AFM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for AFM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.54 | 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 (10/3/2025, 7:00:00 PM)
1.16
+0.06 (+5.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg5.45%
1 Week23.4%
2 Weeks20.83%
1 Month19.59%
3 Month30.34%
6 Month110.91%
12 Month-9.37%
2 Year27.47%
3 Year90.16%
5 Year452.38%
10 Year510.53%
15 Year205.26%
Volatility
ATR(14)0.05
ATR(20)%3.77%
ATR Inc220%
Range Today0.09
ADR(20)0.04
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.62
Mansfield0.82
10 Day High1.16
10 Day Low0.91
20 Day High1.16
20 Day Low0.91
52 Week High1.32
52 Week Low0.41
CS1 End1
CR1 Start1.29
Volume & EV
DER(3)4.66%
DER(5)4.77%
Volume5.09M
Volume Incr423.07%
Vol(5)4.08M
Vol(50)1.04M