AWALE RESOURCES LTD (ARIC.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:ARIC - CA05455R2081 - Common Stock
We assign a technical rating of 10 out of 10 to ARIC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARIC is showing a nice and steady performance.
- ARIC is one of the lesser performing stocks in the Metals & Mining industry. 69% of 820 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ARIC did better than 70% of all other stocks. On top of that, ARIC also shows a nice and consistent pattern of rising prices.
- ARIC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ARIC is lagging the market slightly.
- In the last month ARIC has a been trading in the 0.60 - 0.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ARIC 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
0.51
We found 7 important support areas.
- A support zone ranging from 0.63 to 0.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.62 to 0.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.61 from a horizontal line in the daily time frame.
- Support @0.60 from a trend line in the weekly time frame.
- Support @0.57 from a trend line in the daily time frame.
- Support @0.55 from a trend line in the weekly time frame.
- Support @0.52 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.74 to 0.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ARIC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARIC.CA is up. |
| ChartMill Relative Strength | 70.95 | POSITIVE | ARIC.CA has a high relative strength, it outperformed 70.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARIC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARIC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARIC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.14 | NEUTRAL | The RSI value for ARIC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ARIC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.58 | NEUTRAL | The Stochastics value for ARIC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for ARIC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.09 | NEUTRAL | The ADX value for ARIC.CA suggests a possible start of a new trend. |
TSX-V:ARIC (1/27/2026, 7:00:00 PM)
0.69
-0.02 (-2.82%)
AWALE RESOURCES LTD / ARIC.CA FAQ
What is the technical rating for ARIC stock?
ChartMill assigns a technical rating of 10 / 10 to ARIC.CA.
Can you provide the trend direction for AWALE RESOURCES LTD?
The current trend direction for AWALE RESOURCES LTD (ARIC.CA) is Bullish.
What is the RSI signal for AWALE RESOURCES LTD (ARIC.CA) stock?
AWALE RESOURCES LTD (ARIC.CA) has an RSI value of 55.1377. This indicates that the stock is currently neutral.
What is the MACD signal for ARIC stock?
The MACD indicator for AWALE RESOURCES LTD (ARIC.CA) has a value of 0.00263773, indicating a bearish trend.
Can you provide the buy/sell signal for AWALE RESOURCES LTD?
The buy/sell signal for AWALE RESOURCES LTD (ARIC.CA) is buy as both the short term and long term trends are positive.