AMERIGO RESOURCES LTD (ARG.CA) Technical Analysis
TSX:ARG • CA03074G1090
Current stock price
ARG.CA Technical Rating and Analysis
Taking everything into account, ARG scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still 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 90% 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 795 other stocks in this industry. ARG outperforms 75% of them.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- ARG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ARG is lagging the market slightly.
- In the last month ARG has a been trading in the 4.25 - 5.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ARG.CA Weekly and Daily overview Charts
ARG.CA Setup Rating and Analysis
ARG has an average technical rating and it also does not offer a high 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
ARG.CA Support and Resistance Analysis
4.49
When analyzing the support we can see 2 important areas.
- Support @4.68 from a trend line in the daily time frame.
- A support zone ranging from 4.54 to 4.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.04 to 5.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.32 from a horizontal line in the daily time frame.
ARG.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 | UP | POSITIVE | The long term trend for ARG.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARG.CA is down. |
| ChartMill Relative Strength | 90.63 | POSITIVE | ARG.CA has a high relative strength, it outperformed 90.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARG.CA is below a declining 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) | 46.4 | NEUTRAL | The RSI value for ARG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ARG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.46 | NEUTRAL | The Stochastics value for ARG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.9 | HIGH VOLATILITY | The high ATR as a percentage value for ARG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 34.15 | POSITIVE | The high ADX value value for ARG.CA suggests a strong trend. |
ARG.CA Chart- and CandleStick Pattern Analysis
ARG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ARG (3/31/2026, 7:00:00 PM)
5.03
+0.33 (+7.02%)
AMERIGO RESOURCES LTD / ARG.CA TA FAQ
Can you provide the ChartMill technical rating for AMERIGO RESOURCES LTD?
ChartMill assigns a technical rating of 6 / 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.
What is the RSI signal for ARG stock?
AMERIGO RESOURCES LTD (ARG.CA) has an RSI value of 46.395. This indicates that the stock is currently neutral.
What is the MACD signal for AMERIGO RESOURCES LTD (ARG.CA) stock?
The MACD indicator for AMERIGO RESOURCES LTD (ARG.CA) has a value of -0.0166537, indicating a bearish trend.
What is the buy/sell signal for AMERIGO RESOURCES LTD (ARG.CA) stock?
The buy/sell signal for AMERIGO RESOURCES LTD (ARG.CA) is hold as the short term and long term trends are mixed.