ENGOLD MINES LTD (EGM.CA) Technical Analysis
TSX-V:EGM • CA29330R3080
Current stock price
EGM.CA Technical Rating and Analysis
Overall EGM gets a technical rating of 1 out of 10. EGM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- EGM is one of the lesser performing stocks in the Metals & Mining industry. 60% of 804 stocks in the same industry do better.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: EGM has an average volume of 22925 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, EGM outperforms 68% of them, which is more or less in line with the market.
- EGM 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 EGM is lagging the market slightly.
- In the last month EGM has a been trading in the 0.04 - 0.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EGM.CA Weekly and Daily overview Charts
EGM.CA Setup Rating and Analysis
The technical rating of EGM is bad and it also does not present a 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
EGM.CA Support and Resistance Analysis
0.04
We found 1 important support area.
- Support @0.04 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- 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 multiple time frames.
- Resistance @0.08 from a trend line in the weekly time frame.
EGM.CA Technical Indicator Signal Analysis
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 EGM.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EGM.CA is down. |
| ChartMill Relative Strength | 68.6 | 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) | DOWN | NEGATIVE | The current price of EGM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EGM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.5 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 22.22 | NEUTRAL | The Stochastics value for EGM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 12.27 | HIGH VOLATILITY | The high ATR as a percentage value for EGM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.76 | NEGATIVE | The low ADX value for EGM.CA suggests a weak or negative trend. |
EGM.CA Chart- and CandleStick Pattern Analysis
EGM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:EGM (3/23/2026, 7:00:00 PM)
0.055
0 (0%)
ENGOLD MINES LTD / EGM.CA TA FAQ
What is the ChartMill technical rating of ENGOLD MINES LTD (EGM.CA) stock?
ChartMill assigns a technical rating of 1 / 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 Bearish.
Can you provide the RSI signal for ENGOLD MINES LTD?
ENGOLD MINES LTD (EGM.CA) has an RSI value of 40.5017. 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 negative.