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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ALEX has a poor technical rating and the quality of the setup is also only medium 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.
When analyzing the resistance we notice 4 important areas.
- 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 the daily time frame.
- A resistance zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.54 from a horizontal 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 | DOWN | NEGATIVE | The short term trend for ALEX.CA is down. |
| ChartMill Relative Strength | 5.91 | NEGATIVE | ALEX.CA has a low relative strength, it was outperformed by 94.09% 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) | 40.1 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 8.89 | OVERSOLD | The low Stochastics value suggests ALEX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for ALEX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.35 | NEUTRAL | The ADX value for ALEX.CA suggests a possible start of a new trend. |
TSX-V:ALEX (12/23/2025, 7:00:00 PM)
0.47
-0.01 (-1.05%)
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.
Can you provide the trend direction for ALPHA EXPLORATION LTD?
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 40.0999. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ALPHA EXPLORATION LTD?
The MACD indicator for ALPHA EXPLORATION LTD (ALEX.CA) has a value of -0.000797268, indicating a bearish trend.
What are the support and resistance levels for ALPHA EXPLORATION LTD (ALEX.CA) stock?
ALPHA EXPLORATION LTD (ALEX.CA) has a support level at 0.46 and a resistance level at 0.5. Check the full technical report for our detailed analysis of ALEX.CA support and resistance levels.