PEGASUS RESOURCES INC (PEGA.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:PEGA - CA70558T2048 - Common Stock
We assign a technical rating of 2 out of 10 to PEGA. Recently some decent action could be observed, but in the medium term time frame this is still negative. PEGA was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, PEGA is a bad performer in the overall market: 90% of all stocks are doing better.
- PEGA is part of the Metals & Mining industry. There are 820 other stocks in this industry, of which 88% are performing better than PEGA.
- PEGA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month PEGA has a been trading in the 0.05 - 0.07 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of PEGA 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
0.06
We found 1 important support area.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @0.07 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.09 from a trend line in the weekly time frame.
- Resistance @0.10 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for PEGA.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PEGA.CA is up. |
| ChartMill Relative Strength | 10.2 | NEGATIVE | PEGA.CA has a low relative strength, it was outperformed by 89.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PEGA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PEGA.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PEGA.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.2 | NEUTRAL | The RSI value for PEGA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PEGA.CA has a positive trend. |
| Stochastics (14,3) | 91.67 | OVERBOUGHT | The high Stochastics value suggests PEGA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.07 | HIGH VOLATILITY | The high ATR as a percentage value for PEGA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.66 | POSITIVE | The high ADX value value for PEGA.CA suggests a strong trend. |
TSX-V:PEGA (1/28/2026, 7:00:00 PM)
0.07
0 (0%)
PEGASUS RESOURCES INC / PEGA.CA FAQ
What is the ChartMill technical rating of PEGASUS RESOURCES INC (PEGA.CA) stock?
ChartMill assigns a technical rating of 2 / 10 to PEGA.CA.
What is the trend direction for PEGA stock?
The current trend direction for PEGASUS RESOURCES INC (PEGA.CA) is Bearish.
Can you provide the RSI signal for PEGASUS RESOURCES INC?
PEGASUS RESOURCES INC (PEGA.CA) has an RSI value of 66.1988. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PEGASUS RESOURCES INC?
The MACD indicator for PEGASUS RESOURCES INC (PEGA.CA) has a value of 0.0018639, indicating a bearish trend.
What are the support and resistance levels for PEGASUS RESOURCES INC (PEGA.CA) stock?
PEGASUS RESOURCES INC (PEGA.CA) has a support level at 0.06 and a resistance level at 0.07. Check the full technical report for our detailed analysis of PEGA.CA support and resistance levels.