ATEX RESOURCES INC (ATX.CA) Stock Technical Analysis
Canada - TSX-V:ATX - CA04681A1057 - Common Stock
We assign a technical rating of 9 out of 10 to ATX. 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.
ATX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.54, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ATX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.92
We found 3 important support areas.
- A support zone ranging from 2.51 to 2.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.11 from a trend line in the daily time frame.
- Support @1.94 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.59 to 2.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.70 to 2.72. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 80.59 | POSITIVE | ATX.CA has a high relative strength, it outperformed 80.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ATX.CA is below a declining 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) | 48.54 | NEUTRAL | The RSI value for ATX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ATX.CA has a negative trend. |
| Stochastics (14,3) | 26.55 | NEUTRAL | The Stochastics value for ATX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.22 | HIGH VOLATILITY | The high ATR as a percentage value for ATX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.82 | 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 |
|---|---|---|---|
| 2.63 | 2.50 | 0.13 (4.94%) | 20.23% |
| An entry @2.63. This is a Buy Stop order right above the resistance zone. | An exit @2.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.13 points, which is 4.94%. | For a 1.00% total portfolio risk, you can invest 20.23% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ATX. 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-V:ATX (10/31/2025, 7:00:00 PM)
2.59
-0.03 (-1.15%)
ATEX RESOURCES INC / ATX.CA FAQ
What is the technical rating for ATX stock?
ChartMill assigns a technical rating of 9 / 10 to ATX.CA.
Can you provide the trend direction for ATEX RESOURCES INC?
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 48.5375. This indicates that the stock is currently neutral.
What is the support and resistance level for ATX stock?
ATEX RESOURCES INC (ATX.CA) has a support level at 2.54 and a resistance level at 2.59. Check the full technical report for our detailed analysis of ATX.CA support and resistance levels.