ALLEGIANT GOLD LTD (AUAU.CA) Stock Technical Analysis
TSX-V:AUAU - TSX Venture Exchange - CA01750B1058 - Common Stock - Currency: CAD
Taking everything into account, AUAU scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, AUAU has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month AUAU has a been trading in the 0.53 - 0.65 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Both the short term and long term trends are positive. This is a very positive sign.
AUAU is one of the better performing stocks in the Metals & Mining industry, it outperforms 80% of 797 stocks in the same industry.
AUAU 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 AUAU is lagging the market slightly.
Looking at the yearly performance, AUAU did better than 92% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
AUAU has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
0.54
0.57
When analyzing the support we notice one important area.
- A support zone ranging from 0.55 to 0.55. 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 AUAU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AUAU.CA is up. |
| ChartMill Relative Strength | 92.08 | POSITIVE | AUAU.CA has a high relative strength, it outperformed 92.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AUAU.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AUAU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AUAU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.35 | NEUTRAL | The RSI value for AUAU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AUAU.CA has a negative trend. |
| Stochastics (14,3) | 33.84 | NEUTRAL | The Stochastics value for AUAU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for AUAU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 40.12 | POSITIVE | The high ADX value value for AUAU.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 |
|---|---|---|---|
| 0.61 | 0.54 | 0.07 (11.33%) | 8.83% |
| An entry @0.61. This is a Buy Stop order right above the 10 day moving average. | An exit @0.54. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 11.33%. | For a 1.00% total portfolio risk, you can invest 8.83% of your capital in this trade. |
- 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:AUAU (8/7/2025, 7:00:00 PM)
0.56
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-11.11%
2 Weeks-6.67%
1 Month5.66%
3 Month107.41%
6 Month93.1%
12 Month51.35%
2 Year93.1%
3 Year24.44%
5 Year-30%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%5.8%
ATR Inc-19.23%
Range Today0.01
ADR(20)0.03
ADR(20)%5.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.08
Mansfield4.87
10 Day High0.65
10 Day Low0.55
20 Day High0.65
20 Day Low0.53
52 Week High0.65
52 Week Low0.2
CS1 End0.55
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume128.00K
Volume Incr107.77%
Vol(5)147.56K
Vol(50)104.76K