CANAGOLD RESOURCES LTD (CCM.CA) Stock Technical Analysis
TSX:CCM - Toronto Stock Exchange - CA1368421014 - Common Stock - Currency: CAD
Overall CCM gets a technical rating of 9 out of 10. CCM has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, we notice that CCM is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by CCM over the past year are nicely spread over this period.
CCM is one of the better performing stocks in the Metals & Mining industry, it outperforms 76% of 818 stocks in the same industry.
CCM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CCM is lagging the market slightly.
CCM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Although CCM has an excellent technical rating, it does not offer a high 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
0.27
0.34
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.27 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.67
Mansfield0.82
10 Day High0.35
10 Day Low0.29
20 Day High0.35
20 Day Low0.29
52 Week High0.36
52 Week Low0.17
Performance
1 Week0%
2 Weeks4.84%
1 Month12.07%
3 Month8.33%
6 Month8.33%
12 Month75.68%
2 Year58.54%
3 Year-16.67%
5 Year30%
10 Year62.5%
15 Year-45.83%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)57.99
LBB0.3
UBB0.33
CANAGOLD RESOURCES LTD
TSX:CCM (2/11/2025, 7:00:00 PM)
0.325
+0.01 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.56%
1 Week0%
2 Weeks4.84%
1 Month12.07%
3 Month8.33%
6 Month8.33%
12 Month75.68%
2 Year58.54%
3 Year-16.67%
5 Year30%
10 Year62.5%
15 Year-45.83%
Volatility
ATR(14)0.01
ATR(20)%3.73%
ATR Inc256.86%
Range Today0.04
ADR(20)0.01
ADR(20)%3.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.67
Mansfield0.82
10 Day High0.35
10 Day Low0.29
20 Day High0.35
20 Day Low0.29
52 Week High0.36
52 Week Low0.17
CS1 End0.32
CR1 Start0.34
Volume & EV
DER(3)0%
DER(5)2.43%
Volume59.32K
Volume Incr-13.43%
Vol(5)36.14K
Vol(50)40.23K