ATHABASCA MINERALS INC (AMI.CA) Stock Technical Analysis
TSX-V:AMI - TSX Venture Exchange - CA0468261031 - Common Stock - Currency: CAD
We assign a technical rating of 6 out of 10 to AMI. AMI has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month AMI has a been trading in the 0.11 - 0.14 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, AMI outperforms 67% of them, which is more or less in line with the market.
AMI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMI is lagging the market.
Considerably lower volume is observed in the last couple of days.
AMI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.14. Right above this resistance zone may be a good entry point.
More info and screens
0.11
0.14
3 important support areas can be observed.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.11 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages 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 AMI.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMI.CA is up. |
| ChartMill Relative Strength | 67.71 | NEUTRAL | AMI.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.47 | NEUTRAL | The RSI value for AMI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AMI.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 76.19 | NEUTRAL | The Stochastics value for AMI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for AMI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.14 | NEUTRAL | The ADX value for AMI.CA suggests a possible start of a new 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:AMI (11/10/2023, 7:00:00 PM)
0.135
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryConstruction Materials
Performance
% Chg0%
1 Week12.5%
2 Weeks-3.57%
1 Month-3.57%
3 Month42.11%
6 Month28.57%
12 Month-38.64%
2 Year-32.5%
3 Year0%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%3.52%
ATR Inc40%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.71
Mansfield-1.84
10 Day High0.14
10 Day Low0.11
20 Day High0.14
20 Day Low0.11
52 Week High0.28
52 Week Low0.07
CS1 End0.13
CR1 Start0.14
Volume & EV
DER(3)2.05%
DER(5)1.23%
Volume199.00K
Volume Incr-61.9%
Vol(5)61.50K
Vol(50)126.00K