ARGO CORP (ARGH.CA) Stock Technical Analysis
TSX-V:ARGH - TSX Venture Exchange - CA03990E1051 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to ARGH. Both in the recent history as in the last year, ARGH has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
ARGH is one of the better performing stocks in the Ground Transportation industry, it outperforms 80% of 6 stocks in the same industry.
Looking at the yearly performance, ARGH did better than 91% 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 0.56 - 0.73 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.
Although ARGH has an excellent technical rating, the quality of the presented setup is not ideal 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
0.55
0.73
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.56 to 0.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.70 to 0.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.72 from a horizontal 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 ARGH.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARGH.CA is up. |
| ChartMill Relative Strength | 91.19 | POSITIVE | ARGH.CA has a high relative strength, it outperformed 91.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARGH.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ARGH.CA is above 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) | 51.71 | NEUTRAL | The RSI value for ARGH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ARGH.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.37 | NEUTRAL | The Stochastics value for ARGH.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for ARGH.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.79 | POSITIVE | The high ADX value value for ARGH.CA suggests a strong 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 (8/1/2025, 7:00:00 PM)
0.65
-0.02 (-2.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-2.99%
1 Week-7.14%
2 Weeks-4.41%
1 Month12.07%
3 Month31.31%
6 Month400%
12 Month100%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.92%
ATR Inc-32.69%
Range Today0.01
ADR(20)0.03
ADR(20)%4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.19
Mansfield10
10 Day High0.73
10 Day Low0.64
20 Day High0.73
20 Day Low0.56
52 Week High0.96
52 Week Low0.11
CS1 End0.64
CR1 Start0.7
Volume & EV
DER(3)-30.82%
DER(5)-19.29%
Volume12.30K
Volume Incr-36.26%
Vol(5)61.25K
Vol(50)102.41K