AMEX EXPLORATION INC (AMX.CA) Stock Technical Analysis
TSX-V:AMX • CA03114B1022
Overall AMX gets a technical rating of 9 out of 10. In the last year, AMX was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month AMX has a been trading in the 4.00 - 5.34 range, which is quite wide. It is currently trading near the lows of this range.
- 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, AMX did better than 94% of all other stocks. We also observe that the gains produced by AMX over the past year are nicely spread over this period.
- AMX is one of the better performing stocks in the Metals & Mining industry, it outperforms 86% of 800 stocks in the same industry.
- AMX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AMX is lagging the market slightly.
Besides having an excellent technical rating, AMX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 4.22, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AMX 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
3.51
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.13 to 4.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.63 from a trend line in the daily time frame.
- Support @3.55 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.31 to 4.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.53 to 4.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.65 from a horizontal line in the daily time frame.
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 AMX.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMX.CA is neutral. |
| ChartMill Relative Strength | 94.85 | POSITIVE | AMX.CA has a high relative strength, it outperformed 94.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AMX.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.91 | NEUTRAL | The RSI value for AMX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests AMX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.94 | NEUTRAL | The Stochastics value for AMX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.34 | HIGH VOLATILITY | The high ATR as a percentage value for AMX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.01 | NEUTRAL | The ADX value for AMX.CA suggests a possible start of a new 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 |
|---|---|---|---|
| 4.39 | 4.12 | 0.27 (6.15%) | 16.26% |
| An entry @4.39. This is a Buy Stop order right above the resistance zone. | An exit @4.12. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.27 points, which is 6.15%. | When investing 16.26% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of AMX. Please evaluate whether better entry and exit points can be found.
- 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:AMX (2/18/2026, 7:00:00 PM)
4.27
-0.02 (-0.47%)
AMEX EXPLORATION INC / AMX.CA FAQ
What is the technical rating for AMX stock?
ChartMill assigns a technical rating of 9 / 10 to AMX.CA.
Can you provide the trend direction for AMEX EXPLORATION INC?
The current trend direction for AMEX EXPLORATION INC (AMX.CA) is Bullish.
What is the RSI signal for AMX stock?
AMEX EXPLORATION INC (AMX.CA) has an RSI value of 45.9053. This indicates that the stock is currently neutral.
What is the MACD signal for AMEX EXPLORATION INC (AMX.CA) stock?
The MACD indicator for AMEX EXPLORATION INC (AMX.CA) has a value of -0.0560901, indicating a bearish trend.
What is the short term momentum for AMX stock?
The short term momentum for AMEX EXPLORATION INC (AMX.CA) is neutral.