ALKANE RESOURCES LTD (ALK.CA) Stock Technical Analysis
Canada - TSX:ALK - AU000000ALK9 - Common Stock
0.96 CAD
+0.02 (+2.13%)
Overall ALK gets a technical rating of 3 out of 10. ALK performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, ALK is a bad performer in the overall market: 100% of all stocks are doing better.
ALK is one of the lesser performing stocks in the Metals & Mining industry. 94% of 807 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month ALK has a been trading in the 0.60 - 1.05 range, which is quite wide. It is currently trading near the high of this range.
The technical rating of ALK 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
0.92
0.97
When analyzing the support we notice one important area.
- A support zone ranging from 0.93 to 0.93. 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 | UP | POSITIVE | The long term trend for ALK.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALK.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ALK.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 60.85 | NEUTRAL | The RSI value for ALK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ALK.CA has a negative trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for ALK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.06 | HIGH VOLATILITY | The high ATR as a percentage value for ALK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.18 | NEGATIVE | The low ADX value for ALK.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:ALK (9/15/2025, 7:00:00 PM)
0.96
+0.02 (+2.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.13%
1 Week-2.04%
2 Weeks11.63%
1 Month20%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%7.06%
ATR Inc-54.59%
Range Today0.02
ADR(20)0.05
ADR(20)%5.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.05
10 Day Low0.87
20 Day High1.05
20 Day Low0.6
52 Week HighN/A
52 Week LowN/A
CS1 End0.93
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume771.68K
Volume IncrInfinity%
Vol(5)1.03M
Vol(50)N/A