ONGOLD RESOURCES LTD (ONAU.CA) Stock Technical Analysis
TSX-V:ONAU - TSX Venture Exchange - CA68277V1040 - Common Stock - Currency: CAD
Overall ONAU gets a technical rating of 1 out of 10. ONAU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than ONAU.
ONAU is one of the lesser performing stocks in the Metals & Mining industry. 93% of 805 stocks in the same industry do better.
In the last month ONAU has a been trading in the 0.41 - 0.47 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ONAU has an average volume of 19298 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
The technical rating of ONAU is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.40
0.46
When analyzing the resistance we notice 3 important areas.
- Resistance @0.41 from a horizontal line in the daily time frame.
- Resistance @0.42 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.46 to 0.46. 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 | DOWN | NEGATIVE | The long term trend for ONAU.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ONAU.CA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ONAU.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONAU.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ONAU.CA is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 48.19 | NEUTRAL | The RSI value for ONAU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ONAU.CA has a positive trend. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests ONAU.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for ONAU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 36.16 | POSITIVE | The high ADX value value for ONAU.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-V:ONAU (7/15/2025, 7:00:00 PM)
0.4
-0.05 (-11.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-11.11%
1 Week5.88%
2 Weeks0%
1 Month-2.17%
3 Month4.65%
6 Month-39.19%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%2.94%
ATR Inc-100%
Range Today0.03
ADR(20)0.01
ADR(20)%2.38%
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 High0.45
10 Day Low0.41
20 Day High0.47
20 Day Low0.41
52 Week HighN/A
52 Week LowN/A
CS1 End0.42
CR1 Start0.46
Volume & EV
DER(3)0%
DER(5)0%
Volume240.35K
Volume Incr-80.21%
Vol(5)7.33K
Vol(50)19.30K