ARGO CORP (ARGH.CA) Stock Technical Analysis
TSX-V:ARGH - CA03990E1051 - Common Stock
0.56 CAD
-0.01 (-1.75%)
Overall ARGH gets a technical rating of 3 out of 10. ARGH was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
ARGH is part of the Ground Transportation industry. There are 6 other stocks in this industry. ARGH outperforms 80% 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.
Looking at the yearly performance, ARGH did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ARGH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARGH is lagging the market.
In the last month ARGH has a been trading in the 0.52 - 0.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, ARGH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.54, a Stop Loss order could be placed below this zone.
More info and screens
0.51
0.66
We found 2 important support areas.
- A support zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.52 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.58 to 0.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.61 to 0.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.65 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 ARGH.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARGH.CA is down. |
| ChartMill Relative Strength | 86.79 | POSITIVE | ARGH.CA has a high relative strength, it outperformed 86.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARGH.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARGH.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARGH.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.04 | NEUTRAL | The RSI value for ARGH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ARGH.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.33 | NEUTRAL | The Stochastics value for ARGH.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.71 | HIGH VOLATILITY | The high ATR as a percentage value for ARGH.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.59 | NEUTRAL | The ADX value for ARGH.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-V:ARGH (9/9/2025, 7:00:00 PM)
0.56
-0.01 (-1.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-1.75%
1 Week3.7%
2 Weeks-1.75%
1 Month-12.5%
3 Month-3.45%
6 Month211.11%
12 Month115.39%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.71%
ATR Inc-68.89%
Range Today0
ADR(20)0.03
ADR(20)%4.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.79
Mansfield5.1
10 Day High0.58
10 Day Low0.52
20 Day High0.65
20 Day Low0.52
52 Week High0.96
52 Week Low0.11
CS1 End0.54
CR1 Start0.58
Volume & EV
DER(3)-25.06%
DER(5)-15.5%
Volume34.08K
Volume Incr104.05%
Vol(5)113.99K
Vol(50)78.31K