AMERIGO RESOURCES LTD (ARG.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ARG - CA03074G1090 - Common Stock
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.
ARG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
2.54
When analyzing the support we can see 3 important areas.
- Support @3.86 from a trend line in the daily time frame.
- Support @3.27 from a trend line in the daily time frame.
- Support @2.57 from a trend 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 ARG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARG.CA is up. |
| ChartMill Relative Strength | 92.22 | POSITIVE | ARG.CA has a high relative strength, it outperformed 92.22% 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) | 77.7 | OVERBOUGHT | The high RSI value suggests ARG.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ARG.CA has a negative trend. |
| Stochastics (14,3) | 90.76 | OVERBOUGHT | The high Stochastics value suggests ARG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for ARG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 74.42 | 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 |
|---|---|---|---|
| 4.64 | 4.18 | 0.46 (9.91%) | 10.09% |
| An entry @4.64. This is a Buy Stop order right above the 10 day high. | An exit @4.18. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.46 points, which is 9.91%. | When investing 10.09% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (1/2/2026, 7:00:00 PM)
4.48
-0.06 (-1.32%)
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 77.6979. 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 3.86. Check the full technical report for our detailed analysis of ARG.CA support and resistance levels.