CANADIAN GOLD RESOURCES LTD (CAN.CA) Technical Analysis
TSX:CAN • CA13585U1093
Current stock price
CAN.CA Technical Rating and Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CAN is a bad performer in the overall market: 93% of all stocks are doing better.
- CAN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CAN is lagging the market.
- In the last month CAN has a been trading in the 0.12 - 0.17 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
CAN.CA Weekly and Daily overview Charts
CAN.CA Setup Rating and Analysis
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
CAN.CA Support and Resistance Analysis
0.13
2 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.
- Resistance @0.23 from a trend line in the daily time frame.
CAN.CA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for CAN.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CAN.CA is down. |
| ChartMill Relative Strength | 7.85 | NEGATIVE | CAN.CA has a low relative strength, it was outperformed by 92.15% 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). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CAN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.74 | NEUTRAL | The RSI value for CAN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CAN.CA has a positive trend. |
| Stochastics (14,3) | 39.29 | NEUTRAL | The Stochastics value for CAN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.3 | HIGH VOLATILITY | The high ATR as a percentage value for CAN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 36.23 | POSITIVE | The high ADX value value for CAN.CA suggests a strong trend. |
CAN.CA Chart- and CandleStick Pattern Analysis
CAN.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:CAN (4/2/2026, 7:00:00 PM)
0.135
+0.01 (+3.85%)
CANADIAN GOLD RESOURCES LTD / CAN.CA TA FAQ
What is the technical rating for CAN stock?
ChartMill assigns a technical rating of 0 / 10 to CAN.CA.
What is the current trend direction of CANADIAN GOLD RESOURCES LTD (CAN.CA) stock?
The current trend direction for CANADIAN GOLD RESOURCES LTD (CAN.CA) is Bearish.
What is the RSI signal for CAN stock?
CANADIAN GOLD RESOURCES LTD (CAN.CA) has an RSI value of 43.7398. This indicates that the stock is currently neutral.
What is the buy/sell signal for CAN stock?
The buy/sell signal for CANADIAN GOLD RESOURCES LTD (CAN.CA) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for CANADIAN GOLD RESOURCES LTD (CAN.CA) stock?
CANADIAN GOLD RESOURCES LTD (CAN.CA) has a resistance level at 0.14. Check the full technical report for our detailed analysis of CAN.CA support and resistance levels.