ARIZONA SONORAN COPPER CO IN (ASCU.CA) Stock Technical Analysis
TSX:ASCU - Toronto Stock Exchange - CA04058Q1054 - Common Stock - Currency: CAD
Overall ASCU gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that ASCU is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ASCU is an average performer in the Metals & Mining industry, it outperforms 67% of 801 stocks in the same industry.
ASCU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ASCU is lagging the market slightly.
In the last month ASCU has a been trading in the 1.90 - 2.21 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.
ASCU has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
1.25
2.13
We found 5 important support areas.
- A support zone ranging from 2.00 to 2.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.91 to 1.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.38 from a trend line in the weekly time frame.
- Support @1.33 from a trend line in the weekly time frame.
- Support @1.26 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.10 to 2.11. This zone is formed by a combination of multiple trend lines and important moving averages 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 ASCU.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ASCU.CA is neutral. |
| ChartMill Relative Strength | 83.58 | POSITIVE | ASCU.CA has a high relative strength, it outperformed 83.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ASCU.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ASCU.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASCU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.94 | NEUTRAL | The RSI value for ASCU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ASCU.CA has a positive trend. |
| Stochastics (14,3) | 76.14 | NEUTRAL | The Stochastics value for ASCU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for ASCU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.91 | NEGATIVE | The low ADX value for ASCU.CA suggests a weak or negative 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:ASCU (5/23/2025, 7:00:00 PM)
2.09
+0.06 (+2.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.96%
1 Week2.96%
2 Weeks3.98%
1 Month-5.43%
3 Month10%
6 Month48.23%
12 Month35.71%
2 Year23.67%
3 Year4.5%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%3.64%
ATR Inc9.17%
Range Today0.12
ADR(20)0.07
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.58
Mansfield2.38
10 Day High2.1
10 Day Low1.9
20 Day High2.21
20 Day Low1.9
52 Week High2.52
52 Week Low1.19
CS1 End2.05
CR1 Start2.1
Volume & EV
DER(3)-3.05%
DER(5)-6.6%
Volume71.21K
Volume Incr15.99%
Vol(5)68.79K
Vol(50)164.57K