CONTANGO ORE INC (CTGO) Stock Technical Analysis
USA - NYSEARCA:CTGO - US21077F1003 - Common Stock
Overall CTGO gets a technical rating of 6 out of 10. In the last year, CTGO was one of the better performers, but we do observe some doubts in the very recent evolution.
CTGO has an average technical rating and the quality of the presented setup is also not ideal 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
20.02
4 important support areas can be observed.
- A support zone ranging from 21.93 to 22.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.46 from a horizontal line in the weekly time frame.
- Support @21.11 from a trend line in the daily time frame.
- A support zone ranging from 20.22 to 20.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.34 to 24.02. This zone is formed by a combination of multiple trend lines and important moving averages 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 CTGO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CTGO is neutral. |
| ChartMill Relative Strength | 80.94 | POSITIVE | CTGO has a high relative strength, it outperformed 80.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CTGO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CTGO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTGO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.79 | NEUTRAL | The RSI value for CTGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests CTGO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.33 | NEUTRAL | The Stochastics value for CTGO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.23 | HIGH VOLATILITY | The high ATR as a percentage value for CTGO suggests high volalility. |
| Average Directional Index/ADX (14) | 23.59 | NEUTRAL | The ADX value for CTGO suggests a possible start of a new trend. |
NYSEARCA:CTGO (11/18/2025, 1:00:50 PM)
22.57
+0.05 (+0.22%)
CONTANGO ORE INC / CTGO FAQ
What is the technical rating for CTGO stock?
ChartMill assigns a technical rating of 6 / 10 to CTGO.
What is the current trend direction of CONTANGO ORE INC (CTGO) stock?
The current trend direction for CONTANGO ORE INC (CTGO) is Bullish.
What is the RSI signal for CTGO stock?
CONTANGO ORE INC (CTGO) has an RSI value of 49.7901. This indicates that the stock is currently neutral.
What is the support and resistance level for CTGO stock?
CONTANGO ORE INC (CTGO) has a support level at 22.29 and a resistance level at 23.34. Check the full technical report for our detailed analysis of CTGO support and resistance levels.