ANACONDA MINING INC (ANX.CA) Technical Analysis
TSX:ANX • CA03240P2070
Current stock price
ANX.CA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ANX. ANX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 85% of all other stocks performed better in the past year than ANX.
- ANX is one of the lesser performing stocks in the Metals & Mining industry. 78% of 804 stocks in the same industry do better.
- ANX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ANX is lagging the market.
- In the last month ANX has a been trading in the 0.44 - 0.61 range, which is quite wide. It is currently trading near the lows of this range.
ANX.CA Weekly and Daily overview Charts
ANX.CA Setup Rating and Analysis
The technical rating of ANX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ANX.CA Support and Resistance Analysis
0.46
We found 1 important support area.
- A support zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.51 from a horizontal line in the daily time frame.
- Resistance @0.57 from a trend line in the daily time frame.
- Resistance @0.80 from a trend line in the weekly time frame.
ANX.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 | DOWN | NEGATIVE | The long term trend for ANX.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ANX.CA is down. |
| ChartMill Relative Strength | 15.75 | NEGATIVE | ANX.CA has a low relative strength, it was outperformed by 84.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ANX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ANX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ANX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.29 | NEUTRAL | The RSI value for ANX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ANX.CA has a negative trend. |
| Stochastics (14,3) | 24.79 | NEUTRAL | The Stochastics value for ANX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.29 | HIGH VOLATILITY | The high ATR as a percentage value for ANX.CA suggests high volalility. |
ANX.CA Chart- and CandleStick Pattern Analysis
ANX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ANX (5/27/2022, 7:00:00 PM)
0.47
-0.03 (-6%)
ANACONDA MINING INC / ANX.CA TA FAQ
What is the technical rating for ANX stock?
ChartMill assigns a technical rating of 0 / 10 to ANX.CA.
Can you provide the trend direction for ANACONDA MINING INC?
The current trend direction for ANACONDA MINING INC (ANX.CA) is Bearish.
What is the RSI signal for ANX stock?
ANACONDA MINING INC (ANX.CA) has an RSI value of 33.2913. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ANACONDA MINING INC?
The short term momentum for ANACONDA MINING INC (ANX.CA) is negative.
What is the buy/sell signal for ANX stock?
The buy/sell signal for ANACONDA MINING INC (ANX.CA) is sell as both the short term and long term trends are negative.