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CONTANGO ORE INC (CTGO) Stock Technical Analysis

NYSEARCA:CTGO - NYSE Arca - US21077F1003 - Common Stock - Currency: USD

20.68  -0.35 (-1.66%)

After market: 20.28 -0.4 (-1.93%)

Technical Rating and Analysis

8

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.

The long and short term trends are both positive. This is looking good!
CTGO 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 CTGO is lagging the market slightly.
In the last month CTGO has a been trading in the 18.16 - 21.10 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, CTGO did better than 77% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
CTGO is an average performer in the Metals & Mining industry, it outperforms 45% of 154 stocks in the same industry.
Weekly and Daily overview Charts
CONTANGO ORE INC / CTGO Weekly stock chart
CONTANGO ORE INC / CTGO Daily stock chart
Setup Rating and Analysis

9

CTGO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 20.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.65, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

19.07

23.93

When analyzing the support we notice one important area.

  • A support zone ranging from 19.26 to 19.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 20.69 to 20.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @21.30 from a horizontal line in the daily time frame.
  • Resistance @23.69 from a horizontal line in the weekly time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CTGO is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for CTGO is up.
ChartMill Relative Strength77.02POSITIVECTGO has a high relative strength, it outperformed 77.02% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of CTGO is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CTGO is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CTGO is above the rising SMA(200).
Relative Strength Index/RSI (14)57.04NEUTRALThe RSI value for CTGO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests CTGO has a negative trend, although the MACD value is rising.
Stochastics (14,3)86.87OVERBOUGHTThe high Stochastics value suggests CTGO may be overbought.
Average True Range in percent/ATR (20)4.13MEDIUM VOLATILITYThe ATR as a percentage value for CTGO suggests some volalility.
Average Directional Index/ADX (14)17.91NEGATIVEThe low ADX value for CTGO suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
20.9619.251.71 (8.16%)12.26%
An entry @20.96. This is a Buy Stop order right above the resistance zone.An exit @19.25. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.71 points, which is 8.16%.When investing 12.26% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
CONTANGO ORE INC / CTGO Daily stock chart

CONTANGO ORE INC

NYSEARCA:CTGO (7/23/2025, 8:14:25 PM)

After market: 20.28 -0.4 (-1.93%)

20.68

-0.35 (-1.66%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.66%
1 Week3.19%
2 Weeks3.71%
1 Month1.82%
3 Month48.56%
6 Month89.03%
12 Month-10.28%
2 Year11.18%
3 Year-8.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%4.13%
ATR Inc-3.5%
Range Today0.89
ADR(20)0.83
ADR(20)%3.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.02
Mansfield1.99
10 Day High21.1
10 Day Low19.26
20 Day High21.1
20 Day Low18.16
52 Week High23.95
52 Week Low8.85
CS1 End19.65
CR1 Start20.69
Volume & EV
DER(3)-3.29%
DER(5)-3.54%
Volume65.70K
Volume Incr-7.29%
Vol(5)79.12K
Vol(50)100.10K