ALTAMIRA GOLD CORP (ALTA.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:ALTA - CA02139L1031 - Common Stock
We assign a technical rating of 7 out of 10 to ALTA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ALTA is only an average performer.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, ALTA did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- ALTA is part of the Metals & Mining industry. There are 813 other stocks in this industry, ALTA did better than 42% of them.
- ALTA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALTA is lagging the market.
- In the last month ALTA has a been trading in the 0.20 - 0.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ALTA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ALTA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.22
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.24 from a trend line in the daily time frame.
- Support @0.23 from a trend line in the weekly time frame.
- Support @0.22 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.28 from a trend line in the daily time frame.
- A resistance zone ranging from 0.29 to 0.29. 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 ALTA.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ALTA.CA is neutral. |
| ChartMill Relative Strength | 78.04 | POSITIVE | ALTA.CA has a high relative strength, it outperformed 78.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ALTA.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALTA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALTA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.8 | NEUTRAL | The RSI value for ALTA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALTA.CA has a negative trend. |
| Stochastics (14,3) | 36.19 | NEUTRAL | The Stochastics value for ALTA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.63 | HIGH VOLATILITY | The high ATR as a percentage value for ALTA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.38 | NEGATIVE | The low ADX value for ALTA.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.28 | 0.25 | 0.04 (12.50%) | 8.00% |
| An entry @0.28. This is a Buy Stop order right above the 10 day moving average. | An exit @0.24. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 12.50%. | When investing 8.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:ALTA (1/16/2026, 7:00:00 PM)
0.26
+0.01 (+1.96%)
ALTAMIRA GOLD CORP / ALTA.CA FAQ
Can you provide the ChartMill technical rating for ALTAMIRA GOLD CORP?
ChartMill assigns a technical rating of 7 / 10 to ALTA.CA.
What is the trend direction for ALTA stock?
The current trend direction for ALTAMIRA GOLD CORP (ALTA.CA) is Bullish.
Can you provide the RSI signal for ALTAMIRA GOLD CORP?
ALTAMIRA GOLD CORP (ALTA.CA) has an RSI value of 49.8038. This indicates that the stock is currently neutral.
What is the MACD signal for ALTAMIRA GOLD CORP (ALTA.CA) stock?
The MACD indicator for ALTAMIRA GOLD CORP (ALTA.CA) has a value of -0.00155502, indicating a bearish trend.