CANAGOLD RESOURCES LTD (CCM.CA) Technical Analysis
TSX:CCM • CA1368421014
Current stock price
CCM.CA Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to CCM. CCM 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.
- When comparing the yearly performance of all stocks, we notice that CCM is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, CCM also shows a nice and consistent pattern of rising prices.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- CCM is an average performer in the Metals & Mining industry, it outperforms 48% of 795 stocks in the same industry.
- CCM 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 CCM is lagging the market slightly.
- In the last month CCM has a been trading in the 0.45 - 0.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CCM.CA Weekly and Daily overview Charts
CCM.CA Setup Rating and Analysis
CCM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.52, a Stop Loss order could be placed below this zone.
More info and screens
CCM.CA Support and Resistance Analysis
0.47
When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.52 to 0.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.51 from a horizontal line in the daily time frame.
- Support @0.50 from a horizontal line in the daily time frame.
- Support @0.48 from a trend line in the weekly time frame.
- Support @0.47 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.57 from a horizontal line in the daily time frame.
- Resistance @0.63 from a trend line in the daily time frame.
CCM.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 | NEUTRAL | NEUTRAL | The long term trend for CCM.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCM.CA is neutral. |
| ChartMill Relative Strength | 78.3 | POSITIVE | CCM.CA has a high relative strength, it outperformed 78.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CCM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CCM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CCM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.11 | NEUTRAL | The RSI value for CCM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CCM.CA has a positive trend. |
| Stochastics (14,3) | 60.82 | NEUTRAL | The Stochastics value for CCM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.59 | HIGH VOLATILITY | The high ATR as a percentage value for CCM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.88 | NEGATIVE | The low ADX value for CCM.CA suggests a weak or negative trend. |
CCM.CA Chart- and CandleStick Pattern Analysis
CCM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:CCM (4/2/2026, 7:00:00 PM)
0.55
-0.02 (-3.51%)
CANAGOLD RESOURCES LTD / CCM.CA TA FAQ
Can you provide the ChartMill technical rating for CANAGOLD RESOURCES LTD?
ChartMill assigns a technical rating of 5 / 10 to CCM.CA.
What is the trend direction for CCM stock?
The current trend direction for CANAGOLD RESOURCES LTD (CCM.CA) is Bearish.
What is the RSI signal for CANAGOLD RESOURCES LTD (CCM.CA) stock?
CANAGOLD RESOURCES LTD (CCM.CA) has an RSI value of 48.1051. This indicates that the stock is currently neutral.
What is the MACD signal for CANAGOLD RESOURCES LTD (CCM.CA) stock?
The MACD indicator for CANAGOLD RESOURCES LTD (CCM.CA) has a value of 0.00132384, indicating a bearish trend.
Can you provide the support and resistance levels for CANAGOLD RESOURCES LTD?
CANAGOLD RESOURCES LTD (CCM.CA) has a support level at 0.52 and a resistance level at 0.57. Check the full technical report for our detailed analysis of CCM.CA support and resistance levels.