CANEX METALS INC (CANX.CA) Technical Analysis
TSX-V:CANX • CA13751X1015
Current stock price
CANX.CA Technical Rating and Analysis
Overall CANX gets a technical rating of 6 out of 10. 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.
- Looking at the yearly performance, CANX did better than 95% of all other stocks. We also observe that the gains produced by CANX over the past year are nicely spread over this period.
- CANX is part of the Metals & Mining industry. There are 795 other stocks in this industry. CANX outperforms 89% of them.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- CANX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CANX is lagging the market slightly.
- In the last month CANX has a been trading in the 0.21 - 0.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
CANX.CA Weekly and Daily overview Charts
CANX.CA Setup Rating and Analysis
CANX has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.24. Right above this resistance zone may be a good entry point.
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CANX.CA Support and Resistance Analysis
0.23
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CANX.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 | UP | POSITIVE | The long term trend for CANX.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CANX.CA is down. |
| ChartMill Relative Strength | 95.85 | POSITIVE | CANX.CA has a high relative strength, it outperformed 95.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CANX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CANX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CANX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.02 | NEUTRAL | The RSI value for CANX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CANX.CA has a positive trend. |
| Stochastics (14,3) | 42.86 | NEUTRAL | The Stochastics value for CANX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.11 | HIGH VOLATILITY | The high ATR as a percentage value for CANX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.81 | NEGATIVE | The low ADX value for CANX.CA suggests a weak or negative trend. |
CANX.CA Chart- and CandleStick Pattern Analysis
CANX.CA Example Setup
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 |
|---|---|---|---|
| 0.24 | 0.21 | 0.03 (12.86%) | 7.77% |
| An entry @0.24. This is a Buy Stop order right above the 10 day moving average. | An exit @0.21. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 12.86%. | For a 1.00% total portfolio risk, you can invest 7.77% 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.
CANX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:CANX (4/2/2026, 7:00:00 PM)
0.23
0 (0%)
CANEX METALS INC / CANX.CA TA FAQ
Can you provide the ChartMill technical rating for CANEX METALS INC?
ChartMill assigns a technical rating of 6 / 10 to CANX.CA.
Can you provide the trend direction for CANEX METALS INC?
The current trend direction for CANEX METALS INC (CANX.CA) is Bullish.
What is the RSI signal for CANX stock?
CANEX METALS INC (CANX.CA) has an RSI value of 45.022. This indicates that the stock is currently neutral.
What is the MACD signal for CANX stock?
The MACD indicator for CANEX METALS INC (CANX.CA) has a value of 0.000396086, indicating a bearish trend.
What is the buy/sell signal for CANX stock?
The buy/sell signal for CANEX METALS INC (CANX.CA) is hold as the short term and long term trends are mixed.