ACLARA RESOURCES INC (ARA.CA) Stock Technical Analysis
TSX:ARA - Toronto Stock Exchange - CA00461M1032 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to ARA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARA is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
ARA is one of the better performing stocks in the Metals & Mining industry, it outperforms 86% of 807 stocks in the same industry.
A new 52 week high is currently being made by ARA, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so ARA is leading the market.
In the last month ARA has a been trading in the 0.65 - 0.95 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that ARA is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ARA has an excellent technical rating, it does not present a decent entry opportunity 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
0.40
0.94
When analyzing the support we can see 6 important areas.
- A support zone ranging from 0.78 to 0.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.76 from a trend line in the daily time frame.
- Support @0.53 from a trend line in the weekly time frame.
- Support @0.50 from a horizontal line in the daily time frame.
- Support @0.49 from a horizontal line in the daily time frame.
- Support @0.40 from a horizontal line in the weekly 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 ARA.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARA.CA is up. |
| ChartMill Relative Strength | 94.51 | POSITIVE | ARA.CA has a high relative strength, it outperformed 94.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.65 | NEUTRAL | The RSI value for ARA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ARA.CA has a positive trend. |
| Stochastics (14,3) | 82.64 | OVERBOUGHT | The high Stochastics value suggests ARA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.05 | HIGH VOLATILITY | The high ATR as a percentage value for ARA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.53 | NEUTRAL | The ADX value for ARA.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:ARA (6/12/2025, 7:00:00 PM)
0.93
+0.07 (+8.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg8.14%
1 Week16.25%
2 Weeks25.68%
1 Month38.81%
3 Month86%
6 Month97.87%
12 Month82.35%
2 Year55%
3 Year132.5%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%6.05%
ATR Inc122.07%
Range Today0.06
ADR(20)0.05
ADR(20)%5.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.51
Mansfield6.01
10 Day High0.95
10 Day Low0.72
20 Day High0.95
20 Day Low0.65
52 Week High0.95
52 Week Low0.4
CS1 End0.79
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)7.2%
Volume218.61K
Volume Incr314.26%
Vol(5)208.82K
Vol(50)84.69K