CERRADO GOLD INC (CERT.CA) Stock Technical Analysis
TSX-V:CERT - CA1567881018 - Common Stock
0.95 CAD
-0.02 (-2.06%)
We assign a technical rating of 10 out of 10 to CERT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CERT is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CERT did better than 96% of all other stocks. On top of that, CERT also shows a nice and consistent pattern of rising prices.
CERT is part of the Metals & Mining industry. There are 803 other stocks in this industry. CERT outperforms 92% of them.
CERT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CERT has a been trading in the 0.85 - 0.97 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CERT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.52
0.96
When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.91 to 0.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.87 from a horizontal line in the daily time frame.
- A support zone ranging from 0.81 to 0.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.71 from a trend line in the daily time frame.
- Support @0.53 from a trend 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 | UP | POSITIVE | The long term trend for CERT.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CERT.CA is up. |
| ChartMill Relative Strength | 96.91 | POSITIVE | CERT.CA has a high relative strength, it outperformed 96.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CERT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CERT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CERT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.45 | NEUTRAL | The RSI value for CERT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CERT.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 91.11 | OVERBOUGHT | The high Stochastics value suggests CERT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for CERT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 34.67 | POSITIVE | The high ADX value value for CERT.CA suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.98 | 0.90 | 0.08 (8.16%) | 12.25% |
| An entry @0.98. This is a Buy Stop order right above the 10 day high. | An exit @0.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.08 points, which is 8.16%. | When investing 12.25% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:CERT (9/3/2025, 7:00:00 PM)
0.95
-0.02 (-2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.06%
1 Week6.74%
2 Weeks9.2%
1 Month6.74%
3 Month35.71%
6 Month120.93%
12 Month341.86%
2 Year21.79%
3 Year-32.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%3.79%
ATR Inc3.16%
Range Today0.04
ADR(20)0.04
ADR(20)%3.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.91
Mansfield6.38
10 Day High0.97
10 Day Low0.85
20 Day High0.97
20 Day Low0.85
52 Week High0.97
52 Week Low0.19
CS1 End0.92
CR1 StartN/A
Volume & EV
DER(3)-3.18%
DER(5)-3.91%
Volume281.99K
Volume Incr30.42%
Vol(5)397.10K
Vol(50)487.01K