ANGEL GOLD CORP (ANG.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:ANG • CA03463E3014
We assign a technical rating of 8 out of 10 to ANG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ANG is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- ANG is one of the better performing stocks in the Metals & Mining industry, it outperforms 99% of 820 stocks in the same industry.
- Looking at the yearly performance, ANG did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- ANG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ANG is lagging the market.
- In the last month ANG has a been trading in the 0.12 - 0.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ANG has an excellent technical rating, the quality of the presented setup is not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.15
When analyzing the support we notice one important area.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.17 to 0.17. 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 | UP | POSITIVE | The long term trend for ANG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANG.CA is up. |
| ChartMill Relative Strength | 99.7 | POSITIVE | ANG.CA has a high relative strength, it outperformed 99.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ANG.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ANG.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ANG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.18 | NEUTRAL | The RSI value for ANG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ANG.CA has a positive trend. |
| Stochastics (14,3) | 36.67 | NEUTRAL | The Stochastics value for ANG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.87 | HIGH VOLATILITY | The high ATR as a percentage value for ANG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 9.82 | NEGATIVE | The low ADX value for ANG.CA suggests a weak or negative trend. |
TSX-V:ANG (1/19/2023, 7:00:00 PM)
0.155
-0.01 (-3.12%)
ANGEL GOLD CORP / ANG.CA FAQ
What is the technical rating for ANG stock?
ChartMill assigns a technical rating of 7 / 10 to ANG.CA.
Can you provide the trend direction for ANGEL GOLD CORP?
The current trend direction for ANGEL GOLD CORP (ANG.CA) is Bullish.
What is the RSI signal for ANGEL GOLD CORP (ANG.CA) stock?
ANGEL GOLD CORP (ANG.CA) has an RSI value of 50.1758. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ANGEL GOLD CORP?
The MACD indicator for ANGEL GOLD CORP (ANG.CA) has a value of 0.00079319, indicating a bearish trend.
Can you provide the buy/sell signal for ANGEL GOLD CORP?
The buy/sell signal for ANGEL GOLD CORP (ANG.CA) is buy as both the short term and long term trends are positive.