ONYX GOLD CORP (ONYX.CA) Technical Analysis
TSX-V:ONYX • CA68339G1037
Current stock price
ONYX.CA Technical Rating and Analysis
Overall ONYX gets a technical rating of 3 out of 10. Although ONYX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- ONYX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- ONYX is one of the better performing stocks in the Metals & Mining industry, it outperforms 92% of 795 stocks in the same industry.
- Looking at the yearly performance, ONYX did better than 96% of all other stocks. We also observe that the gains produced by ONYX over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 10 months ago.
- ONYX 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 ONYX is lagging the market slightly.
ONYX.CA Weekly and Daily overview Charts
ONYX.CA Setup Rating and Analysis
The technical rating of ONYX 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
ONYX.CA Support and Resistance Analysis
1.08
When analyzing the support we notice one important area.
- A support zone ranging from 1.09 to 1.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @1.11 from a trend line in the daily time frame.
- A resistance zone ranging from 1.16 to 1.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.87 to 1.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.95 from a horizontal line in the daily time frame.
ONYX.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 | DOWN | NEGATIVE | The long term trend for ONYX.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ONYX.CA is down. |
| ChartMill Relative Strength | 96.85 | POSITIVE | ONYX.CA has a high relative strength, it outperformed 96.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONYX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ONYX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ONYX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.56 | OVERSOLD | The low RSI value suggests ONYX.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ONYX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.26 | OVERSOLD | The low Stochastics value suggests ONYX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 12.2 | HIGH VOLATILITY | The high ATR as a percentage value for ONYX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.48 | POSITIVE | The high ADX value value for ONYX.CA suggests a strong trend. |
ONYX.CA Chart- and CandleStick Pattern Analysis
ONYX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:ONYX (3/30/2026, 7:00:00 PM)
1.1
-0.04 (-3.51%)
ONYX GOLD CORP / ONYX.CA TA FAQ
What is the technical rating for ONYX stock?
ChartMill assigns a technical rating of 3 / 10 to ONYX.CA.
What is the trend direction for ONYX stock?
The current trend direction for ONYX GOLD CORP (ONYX.CA) is Bearish.
What is the RSI signal for ONYX GOLD CORP (ONYX.CA) stock?
ONYX GOLD CORP (ONYX.CA) has an RSI value of 28.5644. This indicates that the stock is currently oversold.
Can you provide the short term momentum for ONYX GOLD CORP?
The short term momentum for ONYX GOLD CORP (ONYX.CA) is negative.
Can you provide the support and resistance levels for ONYX GOLD CORP?
ONYX GOLD CORP (ONYX.CA) has a support level at 1.09 and a resistance level at 1.11. Check the full technical report for our detailed analysis of ONYX.CA support and resistance levels.