ALTA COPPER CORP (ATCU.CA) Stock Technical Analysis
TSX:ATCU - Toronto Stock Exchange - CA0212641066 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to ATCU. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ATCU is only an average performer.
Warning: ATCU has an average volume of 19900 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month ATCU has a been trading in the 0.51 - 0.60 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ATCU is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
ATCU is an average performer in the Metals & Mining industry, it outperforms 53% of 805 stocks in the same industry.
ATCU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATCU is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ATCU has an excellent technical rating, it does not offer a high quality setup 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
0.38
0.60
We found 7 important support areas.
- Support @0.58 from a trend line in the daily time frame.
- A support zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.49 from a trend line in the daily time frame.
- Support @0.41 from a trend line in the weekly time frame.
- Support @0.39 from a horizontal line in the weekly time frame.
- Support @0.38 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.59 to 0.59. 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 ATCU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATCU.CA is up. |
| ChartMill Relative Strength | 70.73 | POSITIVE | ATCU.CA has a high relative strength, it outperformed 70.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATCU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATCU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATCU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.12 | NEUTRAL | The RSI value for ATCU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ATCU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 70.83 | NEUTRAL | The Stochastics value for ATCU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for ATCU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.85 | POSITIVE | The high ADX value value for ATCU.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)
TSX:ATCU (7/11/2025, 7:00:00 PM)
0.58
+0.01 (+1.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.75%
1 Week7.41%
2 Weeks1.75%
1 Month1.75%
3 Month45%
6 Month34.88%
12 Month-6.45%
2 Year7.41%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%3.28%
ATR Inc-41.67%
Range Today0.01
ADR(20)0.02
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.73
Mansfield0.94
10 Day High0.58
10 Day Low0.52
20 Day High0.6
20 Day Low0.51
52 Week High0.7
52 Week Low0.37
CS1 End0.58
CR1 Start0.59
Volume & EV
DER(3)0%
DER(5)0%
Volume37.55K
Volume Incr-37.35%
Vol(5)17.72K
Vol(50)19.90K