ALLIED COPPER CORP (CPR.CA) Technical Analysis
TSX-V:CPR • CA01910L1004
Current stock price
CPR.CA Technical Rating and Analysis
Overall CPR gets a technical rating of 5 out of 10. Although CPR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, we notice that CPR is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by CPR over the past year are nicely spread over this period.
- CPR is part of the Metals & Mining industry. There are 795 other stocks in this industry. CPR outperforms 94% of them.
- In the last month CPR has a been trading in the 0.18 - 0.23 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- CPR 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 CPR is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CPR.CA Weekly and Daily overview Charts
CPR.CA Setup Rating and Analysis
CPR 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
CPR.CA Support and Resistance Analysis
0.14
We found 2 important support areas.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.14 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CPR.CA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for CPR.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CPR.CA is neutral. |
| ChartMill Relative Strength | 97.7 | POSITIVE | CPR.CA has a high relative strength, it outperformed 97.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPR.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CPR.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CPR.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.66 | NEUTRAL | The RSI value for CPR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CPR.CA has a positive trend. |
| Stochastics (14,3) | 60.19 | NEUTRAL | The Stochastics value for CPR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for CPR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.98 | NEGATIVE | The low ADX value for CPR.CA suggests a weak or negative trend. |
CPR.CA Chart- and CandleStick Pattern Analysis
CPR.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:CPR (8/24/2023, 7:00:00 PM)
0.23
+0.01 (+4.55%)
ALLIED COPPER CORP / CPR.CA TA FAQ
Can you provide the ChartMill technical rating for ALLIED COPPER CORP?
ChartMill assigns a technical rating of 4 / 10 to CPR.CA.
What is the trend direction for CPR stock?
The current trend direction for ALLIED COPPER CORP (CPR.CA) is Bearish.
What is the RSI signal for ALLIED COPPER CORP (CPR.CA) stock?
ALLIED COPPER CORP (CPR.CA) has an RSI value of 55.6629. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ALLIED COPPER CORP?
The MACD indicator for ALLIED COPPER CORP (CPR.CA) has a value of 0.00662855, indicating a bearish trend.
What is the support and resistance level for CPR stock?
ALLIED COPPER CORP (CPR.CA) has a support level at 0.2 and a resistance level at 0.24. Check the full technical report for our detailed analysis of CPR.CA support and resistance levels.