CANTEX MINE DEVELOPMENT CORP (CD.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:CD - CA1381173048 - Common Stock
Taking everything into account, CD scores 3 out of 10 in our technical rating. CD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- CD is one of the lesser performing stocks in the Metals & Mining industry. 72% of 813 stocks in the same industry do better.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, CD turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- CD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CD is lagging the market.
- In the last month CD has a been trading in the 0.15 - 0.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CD does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.15, a Stop Loss order could be placed below this zone.
More info and screens
0.10
We found 3 important support areas.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.11 from a trend line in the weekly time frame.
- Support @0.10 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.19 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 | NEUTRAL | NEUTRAL | The long term trend for CD.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CD.CA is neutral. |
| ChartMill Relative Strength | 57.9 | NEUTRAL | CD.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CD.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CD.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CD.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.88 | NEUTRAL | The RSI value for CD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CD.CA has a negative trend. |
| Stochastics (14,3) | 44.44 | NEUTRAL | The Stochastics value for CD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for CD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.75 | NEGATIVE | The low ADX value for CD.CA suggests a weak or negative trend. |
TSX-V:CD (1/14/2026, 7:00:00 PM)
0.16
-0.01 (-5.88%)
CANTEX MINE DEVELOPMENT CORP / CD.CA FAQ
What is the technical rating for CD stock?
ChartMill assigns a technical rating of 3 / 10 to CD.CA.
What is the trend direction for CD stock?
The current trend direction for CANTEX MINE DEVELOPMENT CORP (CD.CA) is Bearish.
What is the RSI signal for CANTEX MINE DEVELOPMENT CORP (CD.CA) stock?
CANTEX MINE DEVELOPMENT CORP (CD.CA) has an RSI value of 46.8758. This indicates that the stock is currently neutral.
What is the MACD signal for CD stock?
The MACD indicator for CANTEX MINE DEVELOPMENT CORP (CD.CA) has a value of -0.0000516296, indicating a bearish trend.
What are the support and resistance levels for CANTEX MINE DEVELOPMENT CORP (CD.CA) stock?
CANTEX MINE DEVELOPMENT CORP (CD.CA) has a support level at 0.15 and a resistance level at 0.17. Check the full technical report for our detailed analysis of CD.CA support and resistance levels.