COMET LITHIUM CORP (CLIC.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:CLIC - CA20036Y1016 - Common Stock
Overall CLIC gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CLIC is only an average performer.
Although the technical rating is only medium, CLIC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.23, a Stop Loss order could be placed below this zone.
More info and screens
0.19
3 important support areas can be observed.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.19 from a trend line in the weekly time frame.
When analyzing the resistance we notice 7 important areas.
- Resistance @0.25 from a trend line in the daily time frame.
- A resistance zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.27 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.30 from a trend line in the daily time frame.
- Resistance @0.31 from a trend line in the weekly time frame.
- Resistance @0.32 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 | UP | POSITIVE | The long term trend for CLIC.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CLIC.CA is neutral. |
| ChartMill Relative Strength | 66.75 | NEUTRAL | CLIC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CLIC.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CLIC.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLIC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.44 | NEUTRAL | The RSI value for CLIC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CLIC.CA has a negative trend. |
| Stochastics (14,3) | 24.27 | NEUTRAL | The Stochastics value for CLIC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.51 | HIGH VOLATILITY | The high ATR as a percentage value for CLIC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.64 | NEGATIVE | The low ADX value for CLIC.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 0.26 | 0.23 | 0.03 (11.54%) | 8.67% |
| An entry @0.26. This is a Buy Stop order right above the resistance zone. | An exit @0.23. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 11.54%. | For a 1.00% total portfolio risk, you can invest 8.67% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CLIC. 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:CLIC (11/21/2025, 7:00:00 PM)
0.245
-0.02 (-7.55%)
COMET LITHIUM CORP / CLIC.CA FAQ
What is the ChartMill technical rating of COMET LITHIUM CORP (CLIC.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to CLIC.CA.
What is the current trend direction of COMET LITHIUM CORP (CLIC.CA) stock?
The current trend direction for COMET LITHIUM CORP (CLIC.CA) is Bullish.
What is the RSI signal for CLIC stock?
COMET LITHIUM CORP (CLIC.CA) has an RSI value of 48.4362. This indicates that the stock is currently neutral.
What is the MACD signal for COMET LITHIUM CORP (CLIC.CA) stock?
The MACD indicator for COMET LITHIUM CORP (CLIC.CA) has a value of -0.00131329, indicating a bearish trend.
What are the support and resistance levels for COMET LITHIUM CORP (CLIC.CA) stock?
COMET LITHIUM CORP (CLIC.CA) has a support level at 0.23 and a resistance level at 0.25. Check the full technical report for our detailed analysis of CLIC.CA support and resistance levels.