ONGOLD RESOURCES LTD (ONAU.CA) Stock Technical Analysis
TSX-V:ONAU - TSX Venture Exchange - CA68277V1040 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to ONAU. ONAU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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 807 stocks in the same industry do better.
In the last month ONAU has a been trading in the 0.41 - 0.62 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.
Warning: ONAU has an average volume of 15867 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.
The technical rating of ONAU 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
0.45
0.57
When analyzing the resistance we notice one important area.
- Resistance @0.56 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for ONAU.CA is neutral. |
| 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) | DOWN | NEGATIVE | The current price of ONAU.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 42.46 | NEUTRAL | The RSI value for ONAU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ONAU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.37 | OVERSOLD | The low Stochastics value suggests ONAU.CA may be oversold. |
| Average True Range in percent/ATR (20) | 9.44 | HIGH VOLATILITY | The high ATR as a percentage value for ONAU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.57 | NEUTRAL | The ADX value for ONAU.CA suggests a possible start of a new 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 (6/6/2025, 7:00:00 PM)
0.45
+0.03 (+7.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.14%
1 Week-6.25%
2 Weeks-18.18%
1 Month-13.46%
3 Month-19.64%
6 Month-7.22%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%9.44%
ATR Inc49.57%
Range Today0.04
ADR(20)0.03
ADR(20)%5.72%
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 High0.59
10 Day Low0.41
20 Day High0.62
20 Day Low0.41
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start0.56
Volume & EV
DER(3)-38.44%
DER(5)-73.73%
Volume217.13K
Volume Incr847.41%
Vol(5)70.24K
Vol(50)15.87K