CANALASKA URANIUM LTD (CVV.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:CVV - CA13709C1005 - Common Stock
We assign a technical rating of 2 out of 10 to CVV. In the past year, CVV was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 91% of all other stocks performed better in the past year than CVV.
- CVV is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 74% of 211 stocks in the same industry do better.
- CVV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CVV has a been trading in the 0.54 - 0.75 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Considerably lower volume is observed in the last couple of days.
The technical rating of CVV is bad and it also does not present a quality setup 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
0.54
We found 4 important support areas.
- A support zone ranging from 0.67 to 0.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.62 from a trend line in the daily time frame.
- Support @0.58 from a trend line in the daily time frame.
- A support zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for CVV.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVV.CA is up. |
| ChartMill Relative Strength | 9.69 | NEGATIVE | CVV.CA has a low relative strength, it was outperformed by 90.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVV.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CVV.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVV.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.62 | NEUTRAL | The RSI value for CVV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CVV.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.08 | OVERBOUGHT | The high Stochastics value suggests CVV.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.83 | HIGH VOLATILITY | The high ATR as a percentage value for CVV.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.38 | POSITIVE | The high ADX value value for CVV.CA suggests a strong trend. |
TSX-V:CVV (1/14/2026, 7:00:00 PM)
0.75
+0.01 (+1.35%)
CANALASKA URANIUM LTD / CVV.CA FAQ
Can you provide the ChartMill technical rating for CANALASKA URANIUM LTD?
ChartMill assigns a technical rating of 2 / 10 to CVV.CA.
What is the current trend direction of CANALASKA URANIUM LTD (CVV.CA) stock?
The current trend direction for CANALASKA URANIUM LTD (CVV.CA) is Bearish.
What is the RSI signal for CVV stock?
CANALASKA URANIUM LTD (CVV.CA) has an RSI value of 60.622. This indicates that the stock is currently neutral.
What is the MACD signal for CVV stock?
The MACD indicator for CANALASKA URANIUM LTD (CVV.CA) has a value of 0.0157003, indicating a bearish trend.
What is the support and resistance level for CVV stock?
CANALASKA URANIUM LTD (CVV.CA) has a support level at 0.68. Check the full technical report for our detailed analysis of CVV.CA support and resistance levels.