ONYX GOLD CORP (ONYX.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:ONYX - CA68339G1037 - Common Stock
We assign a technical rating of 10 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.
Although ONYX has an excellent technical rating, it does not present a decent entry opportunity 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
1.06
We found 3 important support areas.
- Support @1.28 from a trend line in the weekly time frame.
- Support @1.25 from a trend line in the daily time frame.
- A support zone ranging from 1.07 to 1.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.93 to 1.93. 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 | 98.75 | POSITIVE | ONYX.CA has a high relative strength, it outperformed 98.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ONYX.CA is above the rising 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) | 73.03 | OVERBOUGHT | The high RSI value suggests ONYX.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ONYX.CA has a positive trend. |
| Stochastics (14,3) | 88.06 | OVERBOUGHT | The high Stochastics value suggests ONYX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.48 | HIGH VOLATILITY | The high ATR as a percentage value for ONYX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.16 | POSITIVE | The high ADX value value for ONYX.CA suggests a strong trend. |
TSX-V:ONYX (1/9/2026, 7:00:00 PM)
1.92
+0.07 (+3.78%)
ONYX GOLD CORP / ONYX.CA FAQ
What is the technical rating for ONYX stock?
ChartMill assigns a technical rating of 10 / 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 73.0332. This indicates that the stock is currently overbought.
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 1.28 and a resistance level at 1.93. Check the full technical report for our detailed analysis of ONYX.CA support and resistance levels.