CLEANTECH VANADIUM MINING CO (CTV.CA) Stock Technical Analysis
TSX-V:CTV - TSX Venture Exchange - CA18453A1012 - Common Stock - Currency: CAD
Overall CTV gets a technical rating of 7 out of 10. Although CTV is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, CTV also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.03, a Stop Loss order could be placed below this zone.
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0.03
When analyzing the support we notice one important area.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.04 to 0.04. 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 CTV.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTV.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CTV.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTV.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTV.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 52.14 | NEUTRAL | The RSI value for CTV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CTV.CA has a negative trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for CTV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 14.29 | HIGH VOLATILITY | The high ATR as a percentage value for CTV.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.97 | NEGATIVE | The low ADX value for CTV.CA suggests a weak or negative trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.05 | 0.02 | 0.03 (56.52%) | 1.77% |
| An entry @0.05. This is a Buy Stop order right above the 10 day moving average. | An exit @0.02. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 56.52%. | When investing 1.77% 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.
TSX-V:CTV (7/21/2025, 7:00:00 PM)
0.035
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