CANTERRA MINERALS CORP (CTM.CA) Stock Technical Analysis
TSX-V:CTM - TSX Venture Exchange - CA1381342007 - Common Stock - Currency: CAD
Overall CTM gets a technical rating of 3 out of 10. Although CTM 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.
In the last month CTM has a been trading in the 0.07 - 0.10 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that CTM is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CTM is part of the Metals & Mining industry. There are 806 other stocks in this industry, CTM did better than 66% of them.
CTM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CTM is lagging the market.
CTM has a poor technical rating and the quality of the setup is also 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
0.07
0.11
We found 1 important support area.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.11 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 | NEUTRAL | NEUTRAL | The long term trend for CTM.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CTM.CA is down. |
| ChartMill Relative Strength | 84.75 | POSITIVE | CTM.CA has a high relative strength, it outperformed 84.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CTM.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CTM.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.62 | NEUTRAL | The RSI value for CTM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CTM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20 | NEUTRAL | The Stochastics value for CTM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.13 | HIGH VOLATILITY | The high ATR as a percentage value for CTM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.98 | NEGATIVE | The low ADX value for CTM.CA suggests a weak or negative trend. |
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)
TSX-V:CTM (7/28/2025, 7:00:00 PM)
0.08
+0.01 (+14.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg14.29%
1 Week-5.88%
2 Weeks-11.11%
1 Month-5.88%
3 Month6.67%
6 Month6.67%
12 Month77.78%
2 Year23.08%
3 Year-20%
5 Year-55.56%
10 Year-85.45%
15 Year-94.29%
Volatility
ATR(14)0.01
ATR(20)%8.13%
ATR Inc10.53%
Range Today0.01
ADR(20)0.01
ADR(20)%7.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.75
Mansfield-0.13
10 Day High0.09
10 Day Low0.07
20 Day High0.1
20 Day Low0.07
52 Week High0.16
52 Week Low0.04
CS1 End0.07
CR1 Start0.08
Volume & EV
DER(3)0%
DER(5)0%
Volume537.20K
Volume Incr38.68%
Vol(5)494.58K
Vol(50)409.94K