CANTEX MINE DEVELOPMENT CORP (CD.CA) Stock Technical Analysis
TSX-V:CD - TSX Venture Exchange - CA1381173048 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to CD. CD has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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 an average performer in the Metals & Mining industry, it outperforms 48% 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 currently trading near new highs, so CD is lagging the market.
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.
Volume is considerably higher in the last couple of days.
CD has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.13
0.20
When analyzing the support we can see 4 important areas.
- 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.
- Support @0.16 from a horizontal line in the weekly time frame.
- Support @0.15 from a trend line in the daily time frame.
- Support @0.13 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @0.18 from a trend line in the weekly 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.
- A resistance zone ranging from 0.20 to 0.20. 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 | 57.92 | NEUTRAL | CD.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CD.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CD.CA is above the rising 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) | 54.2 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for CD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.14 | HIGH VOLATILITY | The high ATR as a percentage value for CD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.73 | NEUTRAL | The ADX value for CD.CA suggests a possible start of a new 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 (7/11/2025, 7:00:00 PM)
0.18
+0.02 (+16.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg16.13%
1 Week2.86%
2 Weeks5.88%
1 Month-5.26%
3 Month-2.7%
6 Month63.64%
12 Month28.57%
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)%5.14%
ATR Inc50%
Range Today0.02
ADR(20)0.01
ADR(20)%4.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.92
Mansfield1.83
10 Day High0.18
10 Day Low0.14
20 Day High0.19
20 Day Low0.14
52 Week High0.27
52 Week Low0.09
CS1 End0.17
CR1 Start0.18
Volume & EV
DER(3)0%
DER(5)0%
Volume108.11K
Volume Incr232.09%
Vol(5)164.26K
Vol(50)64.93K