AMERIGO RESOURCES LTD (ARG.CA) Stock Technical Analysis
TSX:ARG • CA03074G1090
Taking everything into account, ARG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARG is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ARG is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, ARG also shows a nice and consistent pattern of rising prices.
- ARG is part of the Metals & Mining industry. There are 803 other stocks in this industry. ARG outperforms 79% of them.
- ARG 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 ARG is lagging the market slightly.
- ARG has an average volume of 1066760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ARG has a been trading in the 5.27 - 6.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ARG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for ARG 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
3.65
We found 3 important support areas.
- A support zone ranging from 5.68 to 5.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.20 to 5.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.69 from a trend 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 ARG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARG.CA is up. |
| ChartMill Relative Strength | 92.74 | POSITIVE | ARG.CA has a high relative strength, it outperformed 92.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.21 | NEUTRAL | The RSI value for ARG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ARG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.42 | NEUTRAL | The Stochastics value for ARG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.19 | HIGH VOLATILITY | The high ATR as a percentage value for ARG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.26 | POSITIVE | The high ADX value value for ARG.CA suggests a strong 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 |
|---|---|---|---|
| 5.96 | 5.67 | 0.29 (4.87%) | 20.55% |
| An entry @5.96. This is a Buy Stop order right above the 10 day high. | An exit @5.67. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.29 points, which is 4.87%. | When investing 20.55% 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 ARG. 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:ARG (2/20/2026, 7:00:00 PM)
5.95
+0.18 (+3.12%)
AMERIGO RESOURCES LTD / ARG.CA FAQ
Can you provide the ChartMill technical rating for AMERIGO RESOURCES LTD?
ChartMill assigns a technical rating of 10 / 10 to ARG.CA.
Can you provide the trend direction for AMERIGO RESOURCES LTD?
The current trend direction for AMERIGO RESOURCES LTD (ARG.CA) is Bullish.
Can you provide the RSI signal for AMERIGO RESOURCES LTD?
AMERIGO RESOURCES LTD (ARG.CA) has an RSI value of 57.2148. This indicates that the stock is currently neutral.
What is the buy/sell signal for ARG stock?
The buy/sell signal for AMERIGO RESOURCES LTD (ARG.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for ARG stock?
AMERIGO RESOURCES LTD (ARG.CA) has a support level at 5.69. Check the full technical report for our detailed analysis of ARG.CA support and resistance levels.