CANAGOLD RESOURCES LTD (CCM.CA) Technical Analysis
TSX:CCM • CA1368421014
Current stock price
CCM.CA Technical Rating and Analysis
Overall CCM gets a technical rating of 5 out of 10. In the last year, CCM was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month CCM has a been trading in the 0.45 - 0.72 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, CCM did better than 77% of all other stocks. We also observe that the gains produced by CCM over the past year are nicely spread over this period.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- CCM is part of the Metals & Mining industry. There are 822 other stocks in this industry, CCM did better than 51% of them.
- 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.
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 0.54, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CCM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CCM.CA Support and Resistance Analysis
0.46
3 important support areas can be observed.
- A support zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.47 from a trend line in the weekly time frame.
- Support @0.46 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.65 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 | DOWN | NEGATIVE | The short term trend for CCM.CA is down. |
| ChartMill Relative Strength | 77.49 | POSITIVE | CCM.CA has a high relative strength, it outperformed 77.49% 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) | 42.78 | NEUTRAL | The RSI value for CCM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CCM.CA has a negative trend. |
| Stochastics (14,3) | 24.63 | NEUTRAL | The Stochastics value for CCM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.18 | HIGH VOLATILITY | The high ATR as a percentage value for CCM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.7 | 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 (3/19/2026, 7:00:00 PM)
0.55
-0.01 (-1.79%)
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.
Can you provide the RSI signal for CANAGOLD RESOURCES LTD?
CANAGOLD RESOURCES LTD (CCM.CA) has an RSI value of 42.783. This indicates that the stock is currently neutral.
What is the MACD signal for CCM stock?
The MACD indicator for CANAGOLD RESOURCES LTD (CCM.CA) has a value of -0.00745772, indicating a bearish trend.
Can you provide the short term momentum for CANAGOLD RESOURCES LTD?
The short term momentum for CANAGOLD RESOURCES LTD (CCM.CA) is negative.