LONCOR GOLD INC (LN.CA) Stock Technical Analysis
TSX:LN - Toronto Stock Exchange - CA54180A1066 - Common Stock - Currency: CAD
Taking everything into account, LN scores 7 out of 10 in our technical rating. LN was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month LN has a been trading in the 0.54 - 0.95 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that LN is one of the better performing stocks in the market, outperforming 86% of all stocks.
LN is one of the better performing stocks in the Metals & Mining industry, it outperforms 71% of 796 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
LN 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 LN is lagging the market slightly.
Although LN has an excellent technical rating, the quality of the presented setup is not ideal 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
0.40
0.66
3 important support areas can be observed.
- A support zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.56 to 0.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.40 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for LN.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LN.CA is down. |
| ChartMill Relative Strength | 86.49 | POSITIVE | LN.CA has a high relative strength, it outperformed 86.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LN.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.86 | NEUTRAL | The RSI value for LN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LN.CA has a negative trend. |
| Stochastics (14,3) | 9.26 | OVERSOLD | The low Stochastics value suggests LN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 10.76 | HIGH VOLATILITY | The high ATR as a percentage value for LN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.32 | POSITIVE | The high ADX value value for LN.CA suggests a strong 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:LN (5/28/2025, 7:00:00 PM)
0.655
+0.05 (+7.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.38%
1 Week-19.14%
2 Weeks-18.12%
1 Month9.17%
3 Month21.3%
6 Month43.96%
12 Month37.89%
2 Year48.86%
3 Year32.32%
5 Year9.17%
10 Year151.92%
15 Year-65.53%
Volatility
ATR(14)0.08
ATR(20)%10.76%
ATR Inc-20.09%
Range Today0.09
ADR(20)0.07
ADR(20)%10%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.49
Mansfield2.71
10 Day High0.95
10 Day Low0.58
20 Day High0.95
20 Day Low0.54
52 Week High0.95
52 Week Low0.33
CS1 End0.59
CR1 StartN/A
Volume & EV
DER(3)-5.53%
DER(5)-4.12%
Volume644.59K
Volume Incr135.65%
Vol(5)808.72K
Vol(50)293.04K