ARIZONA SONORAN COPPER CO IN (ASCU.CA) Stock Technical Analysis
TSX:ASCU - Toronto Stock Exchange - CA04058Q1054 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to ASCU. Both in the recent history as in the last year, ASCU has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ASCU is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by ASCU over the past year are nicely spread over this period.
A new 52 week high is currently being made by ASCU, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ASCU has a been trading in the 2.19 - 2.55 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ASCU is an average performer in the Metals & Mining industry, it outperforms 67% of 794 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, ASCU also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.25
2.56
When analyzing the support we can see 6 important areas.
- A support zone ranging from 2.41 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.30 from a horizontal line in the daily time frame.
- Support @2.13 from a trend line in the daily time frame.
- Support @1.41 from a trend line in the weekly time frame.
- Support @1.34 from a trend line in the weekly time frame.
- Support @1.26 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for ASCU.CA is up. |
| ChartMill Relative Strength | 85.41 | POSITIVE | ASCU.CA has a high relative strength, it outperformed 85.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASCU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASCU.CA is above 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) | 64.44 | NEUTRAL | The RSI value for ASCU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ASCU.CA has a positive trend. |
| Stochastics (14,3) | 85.97 | OVERBOUGHT | The high Stochastics value suggests ASCU.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for ASCU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 43.85 | POSITIVE | The high ADX value value for ASCU.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.56 | 2.40 | 0.16 (6.25%) | 16.00% |
| An entry @2.56. This is a Buy Stop order right above the 10 day high. | An exit @2.40. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.16 points, which is 6.25%. | For a 1.00% total portfolio risk, you can invest 16.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ASCU. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ASCU (7/25/2025, 7:00:00 PM)
2.53
+0.07 (+2.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.85%
1 Week6.3%
2 Weeks8.58%
1 Month13.45%
3 Month16.06%
6 Month47.09%
12 Month72.11%
2 Year41.34%
3 Year45.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%4.64%
ATR Inc-13.02%
Range Today0.16
ADR(20)0.12
ADR(20)%4.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.41
Mansfield2.78
10 Day High2.55
10 Day Low2.29
20 Day High2.55
20 Day Low2.19
52 Week High2.55
52 Week Low1.23
CS1 End2.41
CR1 StartN/A
Volume & EV
DER(3)-4.23%
DER(5)-1.78%
Volume485.65K
Volume Incr63.86%
Vol(5)353.12K
Vol(50)199.82K