CANTEX MINE DEVELOPMENT CORP (CD.CA) Stock Technical Analysis
TSX-V:CD - TSX Venture Exchange - CA1381173048 - Common Stock - Currency: CAD
Overall CD gets a technical rating of 3 out of 10. 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, CD did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CD is an average performer in the Metals & Mining industry, it outperforms 58% of 797 stocks in the same industry.
CD 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 CD is lagging the market slightly.
In the last month CD has a been trading in the 0.14 - 0.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CD has a poor technical rating and the quality of the setup is also only medium 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
0.15
0.19
4 important support areas can be observed.
- A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.15 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @0.18 from a trend line in the daily time frame.
- A resistance zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 77.74 | POSITIVE | CD.CA has a high relative strength, it outperformed 77.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CD.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.57 | NEUTRAL | The RSI value for CD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CD.CA has a positive trend. |
| Stochastics (14,3) | 36.11 | NEUTRAL | The Stochastics value for CD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.11 | HIGH VOLATILITY | The high ATR as a percentage value for CD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.88 | NEGATIVE | The low ADX value for CD.CA suggests a weak or negative 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-V:CD (7/31/2025, 7:00:00 PM)
0.18
+0.01 (+9.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg9.09%
1 Week0%
2 Weeks12.5%
1 Month2.86%
3 Month0%
6 Month63.64%
12 Month50%
2 Year-12.2%
3 Year-55%
5 Year-88.08%
10 Year414.29%
15 Year-82.86%
Volatility
ATR(14)0.01
ATR(20)%6.11%
ATR Inc16.67%
Range Today0.02
ADR(20)0.01
ADR(20)%5.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.74
Mansfield1.42
10 Day High0.19
10 Day Low0.16
20 Day High0.19
20 Day Low0.14
52 Week High0.27
52 Week Low0.09
CS1 End0.18
CR1 Start0.18
Volume & EV
DER(3)7.36%
DER(5)5.76%
Volume84.21K
Volume Incr4.63%
Vol(5)83.81K
Vol(50)71.59K