ALPHA EXPLORATION LTD (ALEX.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:ALEX - VGG3198S1074 - Common Stock
Taking everything into account, ALEX scores 0 out of 10 in our technical rating. ALEX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 95% of all other stocks performed better in the past year than ALEX.
- ALEX is part of the Metals & Mining industry. There are 813 other stocks in this industry, of which 89% are performing better than ALEX.
- ALEX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: ALEX has an average volume of 16480 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month ALEX has a been trading in the 0.44 - 0.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
The technical rating of ALEX is bad and it also does not present a 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
0.46
When analyzing the support we notice one important area.
- A support zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.53 from a horizontal line in the daily time frame.
- Resistance @0.54 from a trend line in the daily time frame.
- Resistance @0.60 from a trend line in the daily time frame.
- Resistance @0.65 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 | DOWN | NEGATIVE | The long term trend for ALEX.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALEX.CA is neutral. |
| ChartMill Relative Strength | 5.47 | NEGATIVE | ALEX.CA has a low relative strength, it was outperformed by 94.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALEX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALEX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALEX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.28 | NEUTRAL | The RSI value for ALEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ALEX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.57 | NEUTRAL | The Stochastics value for ALEX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for ALEX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.03 | NEGATIVE | The low ADX value for ALEX.CA suggests a weak or negative trend. |
TSX-V:ALEX (1/16/2026, 7:00:00 PM)
0.48
-0.04 (-7.69%)
ALPHA EXPLORATION LTD / ALEX.CA FAQ
What is the technical rating for ALEX stock?
ChartMill assigns a technical rating of 0 / 10 to ALEX.CA.
What is the current trend direction of ALPHA EXPLORATION LTD (ALEX.CA) stock?
The current trend direction for ALPHA EXPLORATION LTD (ALEX.CA) is Bearish.
Can you provide the RSI signal for ALPHA EXPLORATION LTD?
ALPHA EXPLORATION LTD (ALEX.CA) has an RSI value of 45.2782. This indicates that the stock is currently neutral.
What is the short term momentum for ALPHA EXPLORATION LTD (ALEX.CA) stock?
The short term momentum for ALPHA EXPLORATION LTD (ALEX.CA) is neutral.