ENGOLD MINES LTD (EGM.CA) Stock Technical Analysis
Canada - TSX-V:EGM - CA29330R3080 - Common Stock
Taking everything into account, EGM scores 6 out of 10 in our technical rating. EGM has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
EGM 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
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When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.05 from a horizontal line in the daily time frame.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.08 to 0.08. 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 EGM.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EGM.CA is neutral. |
| ChartMill Relative Strength | 60.97 | NEUTRAL | EGM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EGM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EGM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EGM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.32 | NEUTRAL | The RSI value for EGM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EGM.CA has a negative trend. |
| Stochastics (14,3) | 11.11 | OVERSOLD | The low Stochastics value suggests EGM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for EGM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.96 | NEGATIVE | The low ADX value for EGM.CA suggests a weak or negative trend. |
TSX-V:EGM (11/14/2025, 7:00:00 PM)
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0 (0%)
ENGOLD MINES LTD / EGM.CA FAQ
What is the ChartMill technical rating of ENGOLD MINES LTD (EGM.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to EGM.CA.
Can you provide the trend direction for ENGOLD MINES LTD?
The current trend direction for ENGOLD MINES LTD (EGM.CA) is Bullish.
Can you provide the RSI signal for ENGOLD MINES LTD?
ENGOLD MINES LTD (EGM.CA) has an RSI value of 48.3186. This indicates that the stock is currently neutral.
What is the MACD signal for EGM stock?
The MACD indicator for ENGOLD MINES LTD (EGM.CA) has a value of -0.00141449, indicating a bearish trend.