ONYX GOLD CORP (ONYX.CA) Technical Analysis
TSX-V:ONYX • CA68339G1037
We assign a technical rating of 9 out of 10 to ONYX. Both in the recent history as in the last year, ONYX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ONYX is one of the better performing stocks in the market, outperforming 96% of all stocks.
- ONYX is one of the better performing stocks in the Metals & Mining industry, it outperforms 91% of 816 stocks in the same industry.
- ONYX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ONYX is lagging the market.
- In the last month ONYX has a been trading in the 1.56 - 2.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ONYX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.90. Right above this resistance zone may be a good entry point.
More info and screens
1.09
We found 6 important support areas.
- Support @1.67 from a trend line in the daily time frame.
- A support zone ranging from 1.63 to 1.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.60 from a horizontal line in the daily time frame.
- Support @1.49 from a trend line in the weekly time frame.
- Support @1.13 from a trend line in the weekly time frame.
- Support @1.10 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.90 to 1.95. 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 | UP | POSITIVE | The long term trend for ONYX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ONYX.CA is up. |
| ChartMill Relative Strength | 96.75 | POSITIVE | ONYX.CA has a high relative strength, it outperformed 96.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ONYX.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ONYX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ONYX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.32 | NEUTRAL | The RSI value for ONYX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ONYX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.3 | NEUTRAL | The Stochastics value for ONYX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.36 | HIGH VOLATILITY | The high ATR as a percentage value for ONYX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.28 | NEGATIVE | The low ADX value for ONYX.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.96 | 1.66 | 0.30 (15.31%) | 6.53% |
| An entry @1.96. This is a Buy Stop order right above the resistance zone. | An exit @1.66. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.30 points, which is 15.31%. | When investing 6.53% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ONYX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:ONYX (3/4/2026, 7:00:00 PM)
1.77
-0.05 (-2.75%)
ONYX GOLD CORP / ONYX.CA FAQ
What is the technical rating for ONYX stock?
ChartMill assigns a technical rating of 9 / 10 to ONYX.CA.
What is the trend direction for ONYX stock?
The current trend direction for ONYX GOLD CORP (ONYX.CA) is Bullish.
What is the RSI signal for ONYX GOLD CORP (ONYX.CA) stock?
ONYX GOLD CORP (ONYX.CA) has an RSI value of 50.3227. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ONYX GOLD CORP?
The short term momentum for ONYX GOLD CORP (ONYX.CA) is positive.
Can you provide the support and resistance levels for ONYX GOLD CORP?
ONYX GOLD CORP (ONYX.CA) has a support level at 1.67 and a resistance level at 1.9. Check the full technical report for our detailed analysis of ONYX.CA support and resistance levels.