AWALE RESOURCES LTD (ARIC.CA) Stock Technical Analysis
TSX-V:ARIC - TSX Venture Exchange - CA05455R2081 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to ARIC. ARIC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, ARIC outperforms 46% of them, which is more or less in line with the market.
ARIC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARIC is lagging the market.
In the last month ARIC has a been trading in the 0.47 - 0.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ARIC has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.43
0.65
When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.48 from a trend line in the daily time frame.
- Support @0.45 from a trend line in the weekly time frame.
- Support @0.44 from a trend line in the daily time frame.
- Support @0.43 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.62 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.63 to 0.64. 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 | NEUTRAL | NEUTRAL | The long term trend for ARIC.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARIC.CA is neutral. |
| ChartMill Relative Strength | 46.21 | NEUTRAL | ARIC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ARIC.CA is above a declining 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) | 54.64 | NEUTRAL | The RSI value for ARIC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ARIC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for ARIC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.78 | HIGH VOLATILITY | The high ATR as a percentage value for ARIC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.23 | NEUTRAL | The ADX value for ARIC.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:ARIC (8/8/2025, 7:00:00 PM)
0.56
+0.04 (+7.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.69%
1 Week14.29%
2 Weeks7.69%
1 Month-9.68%
3 Month16.67%
6 Month16.67%
12 Month-1.75%
2 Year314.81%
3 Year348%
5 Year348%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.78%
ATR Inc40.78%
Range Today0.03
ADR(20)0.03
ADR(20)%5.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.21
Mansfield0.62
10 Day High0.57
10 Day Low0.48
20 Day High0.65
20 Day Low0.48
52 Week High0.67
52 Week Low0.38
CS1 End0.55
CR1 Start0.62
Volume & EV
DER(3)-27.16%
DER(5)-41.15%
Volume215.60K
Volume Incr2.91%
Vol(5)170.55K
Vol(50)179.94K