CANADIAN GOLD RESOURCES LTD (CAN.CA) Stock Technical Analysis
Canada - TSX:CAN - CA13585U1093 - Common Stock
We assign a technical rating of 2 out of 10 to CAN. CAN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of CAN is bad and it also does not present a 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
0.18
2 important resistance areas can be observed.
- A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for CAN.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CAN.CA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CAN.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CAN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CAN.CA is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 37.1 | NEUTRAL | The RSI value for CAN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CAN.CA has a negative trend. |
| Stochastics (14,3) | 9.09 | OVERSOLD | The low Stochastics value suggests CAN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 9.05 | HIGH VOLATILITY | The high ATR as a percentage value for CAN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.87 | NEUTRAL | The ADX value for CAN.CA suggests a possible start of a new trend. |
TSX:CAN (10/29/2025, 7:00:00 PM)
0.185
-0.01 (-2.63%)
CANADIAN GOLD RESOURCES LTD / CAN.CA FAQ
What is the technical rating for CAN stock?
ChartMill assigns a technical rating of 2 / 10 to CAN.CA.
Can you provide the trend direction for CANADIAN GOLD RESOURCES LTD?
The current trend direction for CANADIAN GOLD RESOURCES LTD (CAN.CA) is Bearish.
Can you provide the RSI signal for CANADIAN GOLD RESOURCES LTD?
CANADIAN GOLD RESOURCES LTD (CAN.CA) has an RSI value of 37.102. This indicates that the stock is currently neutral.
What is the MACD signal for CAN stock?
The MACD indicator for CANADIAN GOLD RESOURCES LTD (CAN.CA) has a value of -0.00518478, indicating a bearish trend.
Can you provide the support and resistance levels for CANADIAN GOLD RESOURCES LTD?
CANADIAN GOLD RESOURCES LTD (CAN.CA) has a resistance level at 0.2. Check the full technical report for our detailed analysis of CAN.CA support and resistance levels.