ARGO CORP (ARGH.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:ARGH • CA03990E1051
Overall ARGH gets a technical rating of 2 out of 10. Although ARGH is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- ARGH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ARGH has a been trading in the 0.33 - 0.42 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ARGH is one of the better performing stocks in the Ground Transportation industry, it outperforms 100% of 6 stocks in the same industry.
- Looking at the yearly performance, ARGH did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ARGH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.32
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.32 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.37 to 0.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.51 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 | DOWN | NEGATIVE | The long term trend for ARGH.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARGH.CA is down. |
| ChartMill Relative Strength | 82.34 | POSITIVE | ARGH.CA has a high relative strength, it outperformed 82.34% 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) | DOWN | NEGATIVE | The current price of ARGH.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.43 | 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. |
| Stochastics (14,3) | 5.56 | OVERSOLD | The low Stochastics value suggests ARGH.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.99 | HIGH VOLATILITY | The high ATR as a percentage value for ARGH.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.94 | NEGATIVE | The low ADX value for ARGH.CA suggests a weak or negative trend. |
TSX-V:ARGH (2/6/2026, 7:00:00 PM)
0.34
+0.01 (+1.49%)
ARGO CORP / ARGH.CA FAQ
What is the ChartMill technical rating of ARGO CORP (ARGH.CA) stock?
ChartMill assigns a technical rating of 2 / 10 to ARGH.CA.
Can you provide the trend direction for ARGO CORP?
The current trend direction for ARGO CORP (ARGH.CA) is Bearish.
Can you provide the RSI signal for ARGO CORP?
ARGO CORP (ARGH.CA) has an RSI value of 38.4289. This indicates that the stock is currently neutral.
What is the MACD signal for ARGO CORP (ARGH.CA) stock?
The MACD indicator for ARGO CORP (ARGH.CA) has a value of -0.00340264, indicating a bearish trend.
Can you provide the support and resistance levels for ARGO CORP?
ARGO CORP (ARGH.CA) has a support level at 0.33 and a resistance level at 0.36. Check the full technical report for our detailed analysis of ARGH.CA support and resistance levels.