CANAGOLD RESOURCES LTD (CCM.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CCM - CA1368421014 - Common Stock
Overall CCM gets a technical rating of 6 out of 10. 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.
CCM has an average technical rating and it also 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
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4 important support areas can be observed.
- A support zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.43 from a trend line in the weekly time frame.
- A support zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @0.46 from a trend line in the daily time frame.
- A resistance zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.50 from a horizontal line in the daily 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 | 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 | 74.86 | POSITIVE | CCM.CA has a high relative strength, it outperformed 74.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CCM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CCM.CA is above 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) | 55.21 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 59.65 | NEUTRAL | The Stochastics value for CCM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for CCM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.38 | NEUTRAL | The ADX value for CCM.CA suggests a possible start of a new trend. |
TSX:CCM (12/11/2025, 7:00:00 PM)
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CANAGOLD RESOURCES LTD / CCM.CA FAQ
Can you provide the ChartMill technical rating for CANAGOLD RESOURCES LTD?
ChartMill assigns a technical rating of 6 / 10 to CCM.CA.
Can you provide the trend direction for CANAGOLD RESOURCES LTD?
The current trend direction for CANAGOLD RESOURCES LTD (CCM.CA) is Bearish.
What is the RSI signal for CCM stock?
CANAGOLD RESOURCES LTD (CCM.CA) has an RSI value of 55.2075. 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 0.00452606, 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 neutral.