CHESAPEAKE GOLD CORP (CKG.CA) Stock Technical Analysis
TSX-V:CKG - TSX Venture Exchange - CA1651841027 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to CKG. Both in the recent history as in the last year, CKG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
CKG is part of the Metals & Mining industry. There are 806 other stocks in this industry. CKG outperforms 71% of them.
CKG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CKG is lagging the market slightly.
In the last month CKG has a been trading in the 1.41 - 2.06 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, CKG did better than 87% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, CKG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for CKG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.81
2.03
When analyzing the support we can see 5 important areas.
- Support @1.90 from a trend line in the weekly time frame.
- A support zone ranging from 1.82 to 1.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.77 to 1.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.03 from a trend line in the daily time frame.
- Support @0.82 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @1.95 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.99 to 2.01. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for CKG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CKG.CA is up. |
| ChartMill Relative Strength | 87.1 | POSITIVE | CKG.CA has a high relative strength, it outperformed 87.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CKG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CKG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CKG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.05 | NEUTRAL | The RSI value for CKG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CKG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.28 | NEUTRAL | The Stochastics value for CKG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.92 | HIGH VOLATILITY | The high ATR as a percentage value for CKG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.73 | POSITIVE | The high ADX value value for CKG.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 |
|---|---|---|---|
| 1.96 | 1.89 | 0.07 (3.57%) | 25.00% |
| An entry @1.96. This is a Buy Stop order right above the resistance zone. | An exit @1.89. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.07 points, which is 3.57%. | For a 0.89% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CKG. Please evaluate whether better entry and exit points can be found.
- 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:CKG (7/28/2025, 7:00:00 PM)
1.9
+0.06 (+3.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.26%
1 Week2.15%
2 Weeks-5%
1 Month34.75%
3 Month97.92%
6 Month55.74%
12 Month2.7%
2 Year11.76%
3 Year-17.39%
5 Year-63.39%
10 Year-4.04%
15 Year-73.79%
Volatility
ATR(14)0.14
ATR(20)%7.92%
ATR Inc-36.36%
Range Today0.09
ADR(20)0.15
ADR(20)%7.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.1
Mansfield2.58
10 Day High2.05
10 Day Low1.74
20 Day High2.06
20 Day Low1.41
52 Week High2.36
52 Week Low0.81
CS1 End1.9
CR1 Start1.95
Volume & EV
DER(3)9.5%
DER(5)5.7%
Volume19.98K
Volume Incr-39.05%
Vol(5)26.72K
Vol(50)45.86K