CANADIAN GOLD RESOURCES LTD (CAN.CA) Stock Technical Analysis
TSX:CAN - Toronto Stock Exchange - CA13585U1093 - Common Stock - Currency: CAD
Overall CAN gets a technical rating of 0 out of 10. CAN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, CAN is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month CAN has a been trading in the 0.12 - 0.18 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Volume is considerably higher in the last couple of days.
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
0.13
0.16
3 important resistance areas can be observed.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.15 to 0.15. 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 0.16 to 0.16. 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 | 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) | DOWN | NEGATIVE | The current price of CAN.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 40.15 | NEUTRAL | The RSI value for CAN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CAN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.44 | OVERSOLD | The low Stochastics value suggests CAN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 9.07 | HIGH VOLATILITY | The high ATR as a percentage value for CAN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.15 | NEGATIVE | The low ADX value for CAN.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:CAN (6/12/2025, 7:00:00 PM)
0.135
+0.01 (+3.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.85%
1 Week0%
2 Weeks-20.59%
1 Month-6.9%
3 Month-40%
6 Month-73%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%9.07%
ATR Inc-79.41%
Range Today0.01
ADR(20)0.01
ADR(20)%8.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.17
10 Day Low0.12
20 Day High0.18
20 Day Low0.12
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start0.14
Volume & EV
DER(3)0%
DER(5)-40.25%
Volume17.66K
Volume Incr115.53%
Vol(5)69.11K
Vol(50)39.99K