ENGINEER GOLD MINES LTD (EAU.CA) Stock Technical Analysis
TSX-V:EAU - TSX Venture Exchange - CA29286E2024 - Common Stock - Currency: CAD
We assign a technical rating of 7 out of 10 to EAU. EAU 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, EAU did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
EAU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EAU is lagging the market.
In the last month EAU has a been trading in the 0.04 - 0.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although EAU has an excellent technical rating, it 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
0.03
0.07
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.07 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 EAU.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EAU.CA is neutral. |
| ChartMill Relative Strength | 83.13 | POSITIVE | EAU.CA has a high relative strength, it outperformed 83.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EAU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EAU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EAU.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.87 | NEUTRAL | The RSI value for EAU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EAU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for EAU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.45 | HIGH VOLATILITY | The high ATR as a percentage value for EAU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.63 | NEGATIVE | The low ADX value for EAU.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:EAU (8/8/2025, 7:00:00 PM)
0.055
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week10%
2 Weeks10%
1 Month10%
3 Month37.5%
6 Month0%
12 Month37.5%
2 Year37.5%
3 Year-45%
5 Year-91.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%5.45%
ATR Inc100%
Range Today0
ADR(20)0
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.13
Mansfield0.83
10 Day High0.06
10 Day Low0.05
20 Day High0.06
20 Day Low0.05
52 Week High0.08
52 Week Low0.03
CS1 End0.05
CR1 Start0.06
Volume & EV
DER(3)0%
DER(5)0%
Volume10.00K
Volume Incr-5.27%
Vol(5)52.79K
Vol(50)43.81K