ALLIANCE MINING CORP (ALM.CA) Stock Technical Analysis
TSX-V:ALM - TSX Venture Exchange - CA01863P2070 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to ALM. ALM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, ALM is a bad performer in the overall market: 85% of all stocks are doing better.
Warning: ALM has an average volume of 18111 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ALM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALM is lagging the market.
In the last month ALM has a been trading in the 0.09 - 0.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ALM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.15
0.28
We can see 4 important resistance areas.
- A resistance zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.25 from a horizontal line in the weekly time frame.
- Resistance @0.26 from a trend line in the daily time frame.
- A resistance zone ranging from 0.28 to 0.28. 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 | NEUTRAL | NEUTRAL | The long term trend for ALM.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALM.CA is neutral. |
| ChartMill Relative Strength | 15.92 | NEGATIVE | ALM.CA has a low relative strength, it was outperformed by 84.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ALM.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ALM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.14 | NEUTRAL | The RSI value for ALM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ALM.CA has a negative trend. |
| Stochastics (14,3) | 24.41 | NEUTRAL | The Stochastics value for ALM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 18.83 | HIGH VOLATILITY | The high ATR as a percentage value for ALM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.8 | NEGATIVE | The low ADX value for ALM.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:ALM (7/11/2025, 7:00:00 PM)
0.15
+0.06 (+76.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg76.47%
1 Week-33.33%
2 Weeks-33.33%
1 Month-26.83%
3 Month7.14%
6 Month50%
12 Month-25%
2 Year-28.57%
3 Year-34.78%
5 Year-40%
10 Year-76%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%18.83%
ATR Inc341.54%
Range Today0
ADR(20)0
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.92
Mansfield-2.85
10 Day High0.27
10 Day Low0.09
20 Day High0.29
20 Day Low0.09
52 Week High0.29
52 Week Low0.07
CS1 EndN/A
CR1 Start0.22
Volume & EV
DER(3)0%
DER(5)0%
Volume100.00K
Volume Incr-5.06%
Vol(5)23.18K
Vol(50)18.11K