ALTAI RESOURCES INC (ATI.CA) Stock Technical Analysis
TSX-V:ATI - TSX Venture Exchange - CA02136K1084 - Common Stock - Currency: CAD
Taking everything into account, ATI scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ATI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
ATI is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 89% of 208 stocks in the same industry.
ATI 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 ATI is lagging the market slightly.
In the last month ATI has a been trading in the 0.07 - 0.08 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.
Looking at the yearly performance, ATI did better than 81% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ATI has an excellent technical rating, it does not present a decent entry opportunity 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
0.06
0.10
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @0.10 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 ATI.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATI.CA is up. |
| ChartMill Relative Strength | 81 | POSITIVE | ATI.CA has a high relative strength, it outperformed 81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.65 | OVERBOUGHT | The high RSI value suggests ATI.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ATI.CA has a positive trend. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests ATI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for ATI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.15 | NEGATIVE | The low ADX value for ATI.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-V:ATI (8/13/2025, 7:00:00 PM)
0.08
+0.01 (+6.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg6.67%
1 Week6.67%
2 Weeks14.29%
1 Month23.08%
3 Month33.33%
6 Month14.29%
12 Month33.33%
2 Year23.08%
3 Year14.29%
5 Year-33.33%
10 Year45.45%
15 Year-75%
Volatility
ATR(14)0
ATR(20)%2.19%
ATR Inc133.33%
Range Today0.01
ADR(20)0
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81
Mansfield1.02
10 Day High0.08
10 Day Low0.07
20 Day High0.08
20 Day Low0.07
52 Week High0.09
52 Week Low0.05
CS1 End0.07
CR1 Start0.1
Volume & EV
DER(3)0%
DER(5)0%
Volume170.00K
Volume Incr172.79%
Vol(5)277.60K
Vol(50)128.06K