ATHABASCA MINERALS INC (AMI.CA) Technical Analysis
TSX-V:AMI • CA0468261031
Current stock price
AMI.CA Technical Rating and Analysis
Taking everything into account, AMI scores 6 out of 10 in our technical rating. In the last year, AMI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 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 comparing the performance of all stocks over the past year, AMI turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- AMI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMI is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
AMI.CA Weekly and Daily overview Charts
AMI.CA Setup Rating and Analysis
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
AMI.CA Support and Resistance Analysis
0.11
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.
AMI.CA Technical Indicator Signal Analysis
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. |
AMI.CA Chart- and CandleStick Pattern Analysis
AMI.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:AMI (11/10/2023, 7:00:00 PM)
0.135
0 (0%)
ATHABASCA MINERALS INC / AMI.CA TA FAQ
Can you provide the ChartMill technical rating for ATHABASCA MINERALS INC?
ChartMill assigns a technical rating of 6 / 10 to AMI.CA.
What is the trend direction for AMI stock?
The current trend direction for ATHABASCA MINERALS INC (AMI.CA) is Bearish.
Can you provide the RSI signal for ATHABASCA MINERALS INC?
ATHABASCA MINERALS INC (AMI.CA) has an RSI value of 52.4713. This indicates that the stock is currently neutral.
What are the support and resistance levels for ATHABASCA MINERALS INC (AMI.CA) stock?
ATHABASCA MINERALS INC (AMI.CA) has a support level at 0.13 and a resistance level at 0.14. Check the full technical report for our detailed analysis of AMI.CA support and resistance levels.