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AMERIGO RESOURCES LTD (ARG.CA) Stock Technical Analysis

Canada - Toronto Stock Exchange - TSX:ARG - CA03074G1090 - Common Stock

4.9 CAD
+0.11 (+2.3%)
Last: 1/6/2026, 7:00:00 PM
Technical Rating and Analysis

10

Overall ARG gets a technical rating of 10 out of 10. 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 93% of all stocks. We also observe that the gains produced by ARG over the past year are nicely spread over this period.
ARG is one of the better performing stocks in the Metals & Mining industry, it outperforms 81% of 812 stocks in the same industry.
A new 52 week high is currently being made by ARG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ARG has a been trading in the 3.80 - 4.96 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Weekly and Daily overview Charts
AMERIGO RESOURCES LTD / ARG Weekly stock chart
AMERIGO RESOURCES LTD / ARG Daily stock chart
Setup Rating and Analysis

2

Although ARG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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Support and Resistance Analysis

2.56

4.95

When analyzing the support we can see 3 important areas.

  • Support @3.91 from a trend line in the daily time frame.
  • Support @3.30 from a trend line in the daily time frame.
  • Support @2.59 from a trend line in the weekly time frame.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ARG.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ARG.CA is up.
ChartMill Relative Strength93.46POSITIVEARG.CA has a high relative strength, it outperformed 93.46% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ARG.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ARG.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ARG.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)85.77OVERBOUGHTThe high RSI value suggests ARG.CA may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests ARG.CA has a positive trend.
Stochastics (14,3)86.04OVERBOUGHTThe high Stochastics value suggests ARG.CA may be overbought.
Average True Range in percent/ATR (20)3.32MEDIUM VOLATILITYThe ATR as a percentage value for ARG.CA suggests some volalility.
Average Directional Index/ADX (14)76.84POSITIVEThe high ADX value value for ARG.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)

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AMERIGO RESOURCES LTD / ARG Daily stock chart

AMERIGO RESOURCES LTD

TSX:ARG (1/6/2026, 7:00:00 PM)

4.9

+0.11 (+2.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.3%
1 Week11.62%
2 Weeks14.49%
1 Month28.61%
3 Month75%
6 Month114.91%
12 Month206.25%
2 Year279.85%
3 Year216.13%
5 Year528.21%
10 Year4354.55%
15 Year292%
Volatility
ATR(14)0.15
ATR(20)%3.32%
ATR Inc93.79%
Range Today0.14
ADR(20)0.16
ADR(20)%3.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.46
3 months CRS95.19
6 months CRS91.08
Mansfield8.59
10 Day High4.96
10 Day Low4.19
20 Day High4.96
20 Day Low3.8
52 Week High4.96
52 Week Low1.56
CS1 End3.91
CR1 StartN/A
Volume & EV
DER(3)-3.89%
DER(5)-6.49%
Volume1.61M
Volume Incr38.81%
Vol(5)998.64K
Vol(50)649.73K

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 85.7682. This indicates that the stock is currently overbought.


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 3.91. Check the full technical report for our detailed analysis of ARG.CA support and resistance levels.