ALPHA EXPLORATION LTD (ALEX.CA) Stock Technical Analysis
TSX-V:ALEX - TSX Venture Exchange - VGG3198S1074 - Common Stock - Currency: CAD
Overall ALEX gets a technical rating of 0 out of 10. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, ALEX is a bad performer in the overall market: 92% of all stocks are doing better.
ALEX is one of the lesser performing stocks in the Metals & Mining industry. 81% of 797 stocks in the same industry do better.
ALEX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month ALEX has a been trading in the 0.60 - 0.70 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: ALEX has an average volume of 6500 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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
0.59
0.71
We found 1 important support area.
- Support @0.60 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.66 to 0.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.70 to 0.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 8.17 | NEGATIVE | ALEX.CA has a low relative strength, it was outperformed by 91.83% 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) | 38.9 | NEUTRAL | The RSI value for ALEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALEX.CA has a negative trend. |
| Stochastics (14,3) | 32.41 | NEUTRAL | The Stochastics value for ALEX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for ALEX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.99 | NEGATIVE | The low ADX value for ALEX.CA suggests a weak or negative 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:ALEX (8/8/2025, 7:00:00 PM)
0.62
-0.02 (-3.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.12%
1 Week-6.06%
2 Weeks-4.62%
1 Month-11.43%
3 Month-8.82%
6 Month-10.14%
12 Month-39.81%
2 Year-21.52%
3 Year-1.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%2.9%
ATR Inc115.39%
Range Today0.04
ADR(20)0.01
ADR(20)%1.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.17
Mansfield-2.52
10 Day High0.69
10 Day Low0.6
20 Day High0.7
20 Day Low0.6
52 Week High1.09
52 Week Low0.6
CS1 End0.6
CR1 Start0.66
Volume & EV
DER(3)5.26%
DER(5)5.42%
Volume49.73K
Volume Incr318.05%
Vol(5)16.83K
Vol(50)6.50K