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 9 out of 10 to CVV. Both in the recent history as in the last year, CVV has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month CVV has a been trading in the 0.88 - 1.07 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, CVV did better than 82% of all other stocks.
CVV is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry. CVV outperforms 91% of them.
CVV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CVV is lagging the market.
Considerably lower volume is observed in the last couple of days.
CVV has an excellent technical rating and 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 1.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.92, a Stop Loss order could be placed below this zone.
More info and screens
0.75
1.05
We found 4 important support areas.
- A support zone ranging from 0.92 to 0.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.81 from a trend line in the daily time frame.
- A support zone ranging from 0.79 to 0.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.76 to 0.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.03 to 1.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CVV.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CVV.CA is neutral. |
| ChartMill Relative Strength | 82.48 | POSITIVE | CVV.CA has a high relative strength, it outperformed 82.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CVV.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVV.CA is above the rising 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) | 52.94 | NEUTRAL | The RSI value for CVV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CVV.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.2 | OVERSOLD | The low Stochastics value suggests CVV.CA may be oversold. |
| Average True Range in percent/ATR (20) | 7.08 | HIGH VOLATILITY | The high ATR as a percentage value for CVV.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.03 | POSITIVE | The high ADX value value for CVV.CA suggests a strong 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)
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 |
|---|---|---|---|
| 0.97 | 0.91 | 0.06 (5.89%) | 16.96% |
| An entry @0.97. This is a Buy Stop order right above the 10 day moving average. | An exit @0.91. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.06 points, which is 5.89%. | For a 1.00% total portfolio risk, you can invest 16.96% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CVV. Please evaluate whether better entry and exit points can be found.
- 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:CVV (8/14/2025, 7:00:00 PM)
0.95
+0.03 (+3.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.26%
1 Week-3.06%
2 Weeks2.15%
1 Month11.76%
3 Month30.14%
6 Month15.85%
12 Month43.94%
2 Year140.51%
3 Year79.25%
5 Year313.04%
10 Year533.33%
15 Year-89.44%
Volatility
ATR(14)0.06
ATR(20)%7.08%
ATR Inc-27.17%
Range Today0.06
ADR(20)0.06
ADR(20)%6.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.48
Mansfield0.93
10 Day High1.02
10 Day Low0.89
20 Day High1.07
20 Day Low0.88
52 Week High1.07
52 Week Low0.6
CS1 End0.92
CR1 Start1.03
Volume & EV
DER(3)-9.25%
DER(5)-14.3%
Volume169.96K
Volume Incr-57%
Vol(5)284.48K
Vol(50)497.05K