LEGACY GOLD MINES LTD (LEGY.CA) Stock Technical Analysis
TSX-V:LEGY - TSX Venture Exchange - CA52474Q1000 - Common Stock - Currency: CAD
Taking everything into account, LEGY scores 4 out of 10 in our technical rating. In the last year, LEGY was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, LEGY is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: LEGY has an average volume of 8997 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month LEGY has a been trading in the 0.34 - 0.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LEGY has an average technical rating and it also 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
0.50
0.56
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.54 from a trend line in the daily time frame.
- Resistance @0.55 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 | UP | POSITIVE | The long term trend for LEGY.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LEGY.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | LEGY.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LEGY.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LEGY.CA is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 56.5 | NEUTRAL | The RSI value for LEGY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LEGY.CA has a positive trend. |
| Stochastics (14,3) | 97.92 | OVERBOUGHT | The high Stochastics value suggests LEGY.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.65 | HIGH VOLATILITY | The high ATR as a percentage value for LEGY.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.12 | NEGATIVE | The low ADX value for LEGY.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:LEGY (7/23/2025, 7:00:00 PM)
0.5
+0.01 (+2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.04%
1 Week19.05%
2 Weeks11.11%
1 Month25%
3 Month23.46%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%6.65%
ATR Inc-6.67%
Range Today0.02
ADR(20)0.02
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.5
10 Day Low0.34
20 Day High0.59
20 Day Low0.34
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start0.51
Volume & EV
DER(3)0%
DER(5)0%
Volume17.00K
Volume Incr269.52%
Vol(5)25.00K
Vol(50)9.00K