ENGOLD MINES LTD (EGM.CA) Stock Technical Analysis
TSX-V:EGM • CA29330R3080
Taking everything into account, EGM scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EGM is only an average performer.
- EGM is one of the lesser performing stocks in the Metals & Mining industry. 68% of 800 stocks in the same industry do better.
- Warning: EGM has an average volume of 24542 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- EGM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month EGM has a been trading in the 0.07 - 0.09 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, EGM turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
Besides having an excellent technical rating, EGM also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.07, a Stop Loss order could be placed below this zone.
More info and screens
0.06
2 important support areas can be observed.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.08 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for EGM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EGM.CA is up. |
| ChartMill Relative Strength | 69.8 | NEUTRAL | EGM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EGM.CA is above the rising 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) | DOWN | MIXED | The current price of EGM.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.55 | NEUTRAL | The RSI value for EGM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EGM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75 | NEUTRAL | The Stochastics value for EGM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.5 | HIGH VOLATILITY | The high ATR as a percentage value for EGM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.38 | NEGATIVE | The low ADX value for EGM.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 0.09 | 0.07 | 0.02 (27.78%) | 3.60% |
| An entry @0.09. This is a Buy Stop order right above the resistance zone. | An exit @0.07. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.02 points, which is 27.78%. | For a 1.00% total portfolio risk, you can invest 3.60% of your capital in this trade. |
- 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:EGM (2/11/2026, 7:00:00 PM)
0.08
-0.01 (-5.88%)
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 8 / 10 to EGM.CA.
What is the current trend direction of ENGOLD MINES LTD (EGM.CA) stock?
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 56.5544. This indicates that the stock is currently neutral.
What is the short term momentum for EGM stock?
The short term momentum for ENGOLD MINES LTD (EGM.CA) is positive.
Can you provide the buy/sell signal for ENGOLD MINES LTD?
The buy/sell signal for ENGOLD MINES LTD (EGM.CA) is buy as both the short term and long term trends are positive.