CANALASKA URANIUM LTD (CVV.CA) Stock Technical Analysis
TSX-V:CVV - TSX Venture Exchange - CA13709C1005 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to CVV. In the last year, CVV was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
CVV is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 89% of 211 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that CVV is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CVV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CVV is lagging the market slightly.
In the last month CVV has a been trading in the 0.71 - 0.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CVV has an average technical rating and it also does not offer a high 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
0.67
0.95
We found 4 important support areas.
- A support zone ranging from 0.78 to 0.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.75 from a trend line in the daily time frame.
- A support zone ranging from 0.71 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.68 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.87 from a horizontal line in the daily time frame.
- Resistance @0.94 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for CVV.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CVV.CA is neutral. |
| ChartMill Relative Strength | 76.19 | POSITIVE | CVV.CA has a high relative strength, it outperformed 76.19% 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) | UP | POSITIVE | The current price of CVV.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.26 | NEUTRAL | The RSI value for CVV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CVV.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.9 | NEUTRAL | The Stochastics value for CVV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.75 | HIGH VOLATILITY | The high ATR as a percentage value for CVV.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.86 | NEGATIVE | The low ADX value for CVV.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:CVV (5/30/2025, 7:00:00 PM)
0.8
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week-4.76%
2 Weeks8.11%
1 Month6.67%
3 Month6.67%
6 Month3.9%
12 Month21.21%
2 Year146.15%
3 Year86.05%
5 Year357.14%
10 Year247.83%
15 Year-93.85%
Volatility
ATR(14)0.05
ATR(20)%5.75%
ATR Inc14.84%
Range Today0.03
ADR(20)0.04
ADR(20)%5.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.19
Mansfield0.61
10 Day High0.9
10 Day Low0.73
20 Day High0.9
20 Day Low0.71
52 Week High1
52 Week Low0.53
CS1 End0.79
CR1 Start0.87
Volume & EV
DER(3)12.39%
DER(5)14.53%
Volume333.84K
Volume Incr94.33%
Vol(5)609.32K
Vol(50)494.06K