CANALASKA URANIUM LTD (CVV.CA) Stock Technical Analysis
TSX-V:CVV - CA13709C1005 - Common Stock
0.91 CAD
+0.03 (+3.41%)
We assign a technical rating of 7 out of 10 to CVV. In the last year, CVV was one of the better performers, but we do observe some doubts in the very recent evolution.
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 78% of all other stocks. We also observe that the gains produced by CVV over the past year are nicely spread over this period.
CVV is part of the Oil, Gas & Consumable Fuels industry. There are 215 other stocks in this industry. CVV outperforms 83% 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.
In the last month CVV has a been trading in the 0.87 - 1.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, CVV also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.75
1.05
5 important support areas can be observed.
- A support zone ranging from 0.90 to 0.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.86 from a horizontal line in the daily time frame.
- Support @0.83 from a trend line in the daily time frame.
- Support @0.80 from a trend line in the weekly time frame.
- A support zone ranging from 0.76 to 0.78. 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 1.04 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 | 78.8 | POSITIVE | CVV.CA has a high relative strength, it outperformed 78.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CVV.CA is below a declining 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) | 49.49 | 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) | 26.21 | NEUTRAL | The Stochastics value for CVV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for CVV.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.43 | NEUTRAL | The ADX value for CVV.CA suggests a possible start of a new 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 |
|---|---|---|---|
| 0.96 | 0.89 | 0.06 (6.81%) | 14.69% |
| An entry @0.95. This is a Buy Stop order right above the 10 day high. | An exit @0.89. 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 6.81%. | When investing 14.69% 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:CVV (8/29/2025, 7:00:00 PM)
0.91
+0.03 (+3.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.41%
1 Week-1.09%
2 Weeks-1.09%
1 Month-10.78%
3 Month13.75%
6 Month21.33%
12 Month46.77%
2 Year130.38%
3 Year71.7%
5 Year295.65%
10 Year506.67%
15 Year-89.89%
Volatility
ATR(14)0.04
ATR(20)%5%
ATR Inc2.59%
Range Today0.04
ADR(20)0.04
ADR(20)%4.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.8
Mansfield0.39
10 Day High0.95
10 Day Low0.87
20 Day High1.02
20 Day Low0.87
52 Week High1.07
52 Week Low0.61
CS1 End0.9
CR1 Start1.04
Volume & EV
DER(3)-24.4%
DER(5)-19.76%
Volume482.55K
Volume Incr-8.85%
Vol(5)266.57K
Vol(50)441.43K