ATEX RESOURCES INC (ATX.CA) Stock Technical Analysis
TSX-V:ATX • CA04681A1057
Taking everything into account, ATX scores 8 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, ATX is showing a nice and steady performance.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- ATX 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 ATX is lagging the market slightly.
- In the last month ATX has a been trading in the 3.65 - 4.55 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the yearly performance of all stocks, we notice that ATX is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- ATX is part of the Metals & Mining industry. There are 800 other stocks in this industry, ATX did better than 61% of them.
ATX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.35. Right above this resistance zone may be a good entry point.
More info and screens
2.35
When analyzing the support we can see 3 important areas.
- Support @3.89 from a horizontal line in the daily time frame.
- A support zone ranging from 2.46 to 2.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.37 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.35 to 4.38. 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 ATX.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ATX.CA is neutral. |
| ChartMill Relative Strength | 85.76 | POSITIVE | ATX.CA has a high relative strength, it outperformed 85.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ATX.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.29 | NEUTRAL | The RSI value for ATX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ATX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49 | NEUTRAL | The Stochastics value for ATX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.07 | HIGH VOLATILITY | The high ATR as a percentage value for ATX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.23 | POSITIVE | The high ADX value value for ATX.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 4.39 | 3.88 | 0.51 (11.62%) | 8.61% |
| An entry @4.39. This is a Buy Stop order right above the resistance zone. | An exit @3.88. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.51 points, which is 11.62%. | When investing 8.61% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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-V:ATX (2/18/2026, 7:00:00 PM)
4.09
+0.17 (+4.34%)
ATEX RESOURCES INC / ATX.CA FAQ
What is the technical rating for ATX stock?
ChartMill assigns a technical rating of 8 / 10 to ATX.CA.
What is the current trend direction of ATEX RESOURCES INC (ATX.CA) stock?
The current trend direction for ATEX RESOURCES INC (ATX.CA) is Bullish.
Can you provide the RSI signal for ATEX RESOURCES INC?
ATEX RESOURCES INC (ATX.CA) has an RSI value of 54.2946. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ATEX RESOURCES INC?
ATEX RESOURCES INC (ATX.CA) has a support level at 3.89 and a resistance level at 4.35. Check the full technical report for our detailed analysis of ATX.CA support and resistance levels.