CANAGOLD RESOURCES LTD (CCM.CA) Stock Technical Analysis
Canada - TSX:CCM - CA1368421014 - Common Stock
0.46 CAD
-0.01 (-2.13%)
Overall CCM gets a technical rating of 7 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.
CCM is part of the Metals & Mining industry. There are 805 other stocks in this industry, of which 63% are performing better than CCM.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that CCM is one of the better performing stocks in the market, outperforming 70% of all stocks. On top of that, CCM also shows a nice and consistent pattern of rising prices.
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.
In the last month CCM has a been trading in the 0.43 - 0.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, CCM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.36
0.49
5 important support areas can be observed.
- Support @0.44 from a horizontal line in the daily time frame.
- A support zone ranging from 0.43 to 0.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.37 from a trend line in the weekly time frame.
- Support @0.36 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.49 from a horizontal line in the weekly time frame.
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 CCM.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CCM.CA is neutral. |
| ChartMill Relative Strength | 70.49 | POSITIVE | CCM.CA has a high relative strength, it outperformed 70.49% 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) | UP | MIXED | The current price of CCM.CA is below the rising 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) | 47.63 | NEUTRAL | The RSI value for CCM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CCM.CA has a negative trend. |
| Stochastics (14,3) | 61.9 | NEUTRAL | The Stochastics value for CCM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for CCM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.29 | POSITIVE | The high ADX value value for CCM.CA suggests a strong trend. |
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)
TSX:CCM (10/20/2025, 7:00:00 PM)
0.46
-0.01 (-2.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.13%
1 Week4.55%
2 Weeks-1.08%
1 Month-1.08%
3 Month-4.17%
6 Month19.48%
12 Month53.33%
2 Year113.95%
3 Year100%
5 Year-31.85%
10 Year31.43%
15 Year-38.67%
Volatility
ATR(14)0.02
ATR(20)%5.16%
ATR Inc-20%
Range Today0.01
ADR(20)0.02
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.49
Mansfield1.12
10 Day High0.49
10 Day Low0.43
20 Day High0.51
20 Day Low0.43
52 Week High0.51
52 Week Low0.25
CS1 End0.44
CR1 Start0.47
Volume & EV
DER(3)-22.95%
DER(5)-25.05%
Volume64.50K
Volume Incr161.58%
Vol(5)137.03K
Vol(50)52.11K