CONTANGO ORE INC (CTGO) Stock Technical Analysis
NYSEARCA:CTGO - NYSE Arca - US21077F1003 - Common Stock - Currency: USD
Overall CTGO gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CTGO is only an average performer.
CTGO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
The long and short term trends are both positive. This is looking good!
In the last month CTGO has a been trading in the 9.22 - 15.24 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, CTGO turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
CTGO is an average performer in the Metals & Mining industry, it outperforms 50% of 153 stocks in the same industry.
CTGO has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.79
23.93
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.29 to 13.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.89 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 14.28 to 14.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.79 from a horizontal line in the daily time frame.
- Resistance @19.25 from a trend line in the weekly time frame.
- Resistance @20.88 from a trend line in the weekly time frame.
- Resistance @23.69 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.56
Mansfield-1.86
10 Day High15.24
10 Day Low13.01
20 Day High15.24
20 Day Low9.22
52 Week High25.32
52 Week Low8.85
Performance
1 Week-4.45%
2 Weeks-6.86%
1 Month28.01%
3 Month28.25%
6 Month-36.27%
12 Month-30.66%
2 Year-47.6%
3 Year-40.09%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)56.66
LBB12.61
UBB15.04
13.3
-0.08 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.6%
1 Week-4.45%
2 Weeks-6.86%
1 Month28.01%
3 Month28.25%
6 Month-36.27%
12 Month-30.66%
2 Year-47.6%
3 Year-40.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.02
ATR(20)%7.56%
ATR Inc-24.64%
Range Today0.5
ADR(20)0.96
ADR(20)%7.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.56
Mansfield-1.86
10 Day High15.24
10 Day Low13.01
20 Day High15.24
20 Day Low9.22
52 Week High25.32
52 Week Low8.85
CS1 End13.29
CR1 Start14.28
Volume & EV
DER(3)-3.77%
DER(5)-1.73%
Volume61.60K
Volume Incr-41.78%
Vol(5)93.54K
Vol(50)132.47K