DURANGO RESOURCES INC (DGO.CA) Technical Analysis
TSX-V:DGO • CA2664951001
We assign a technical rating of 8 out of 10 to DGO. DGO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- Looking at the yearly performance, DGO did better than 99% of all other stocks. On top of that, DGO also shows a nice and consistent pattern of rising prices.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- DGO 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 DGO is lagging the market slightly.
- In the last month DGO has a been trading in the 0.07 - 0.15 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.
Although DGO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.09
We found 1 important support area.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.14 to 0.14. 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 | NEUTRAL | NEUTRAL | The long term trend for DGO.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DGO.CA is neutral. |
| ChartMill Relative Strength | 99 | POSITIVE | DGO.CA has a high relative strength, it outperformed 99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DGO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DGO.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DGO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.16 | NEUTRAL | The RSI value for DGO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DGO.CA has a positive trend. |
| Stochastics (14,3) | 36.75 | NEUTRAL | The Stochastics value for DGO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 13 | HIGH VOLATILITY | The high ATR as a percentage value for DGO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.62 | NEUTRAL | The ADX value for DGO.CA suggests a possible start of a new trend. |
DGO.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:DGO (5/9/2025, 7:00:00 PM)
0.125
+0.04 (+38.89%)
DURANGO RESOURCES INC / DGO.CA FAQ
Can you provide the ChartMill technical rating for DURANGO RESOURCES INC?
ChartMill assigns a technical rating of 8 / 10 to DGO.CA.
What is the current trend direction of DURANGO RESOURCES INC (DGO.CA) stock?
The current trend direction for DURANGO RESOURCES INC (DGO.CA) is Bearish.
What is the RSI signal for DGO stock?
DURANGO RESOURCES INC (DGO.CA) has an RSI value of 55.1641. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DURANGO RESOURCES INC?
The short term momentum for DURANGO RESOURCES INC (DGO.CA) is neutral.