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 5 out of 10. CANX was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month CANX has a been trading in the 0.21 - 0.26 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, CANX did better than 95% of all other stocks.
- CANX is part of the Metals & Mining industry. There are 803 other stocks in this industry. CANX outperforms 89% of them.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- CANX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CANX is lagging the market.
- Volume is considerably higher 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.
More info and screens
CANX.CA Support and Resistance Analysis
0.16
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.16 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- 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.
- A resistance zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines 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 | 95.81 | POSITIVE | CANX.CA has a high relative strength, it outperformed 95.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CANX.CA is below the rising 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) | 47.71 | 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) | 40 | NEUTRAL | The Stochastics value for CANX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.63 | HIGH VOLATILITY | The high ATR as a percentage value for CANX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.01 | POSITIVE | The high ADX value value for CANX.CA suggests a strong trend. |
CANX.CA Chart- and CandleStick Pattern Analysis
CANX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:CANX (4/28/2026, 7:00:00 PM)
0.22
-0.01 (-4.35%)
CANEX METALS INC / CANX.CA TA FAQ
Can you provide the ChartMill technical rating for CANEX METALS INC?
ChartMill assigns a technical rating of 5 / 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 47.7093. 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 0.0000565153, 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.