TRIDENT RESOURCES CORP (ROCK.CA) Stock Technical Analysis
TSX-V:ROCK - TSX Venture Exchange - CA8959801009 - Common Stock - Currency: CAD
Overall ROCK gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ROCK 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.
Looking at the yearly performance, ROCK did better than 98% of all other stocks. On top of that, ROCK also shows a nice and consistent pattern of rising prices.
ROCK is one of the better performing stocks in the Metals & Mining industry, it outperforms 97% of 805 stocks in the same industry.
ROCK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ROCK has a been trading in the 0.64 - 0.75 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ROCK also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
0.63
0.73
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.70 to 0.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.64 to 0.66. This zone is formed by a combination of multiple trend lines and important moving averages 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 ROCK.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ROCK.CA is up. |
| ChartMill Relative Strength | 98.51 | POSITIVE | ROCK.CA has a high relative strength, it outperformed 98.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ROCK.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ROCK.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ROCK.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.02 | NEUTRAL | The RSI value for ROCK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ROCK.CA has a negative trend. |
| Stochastics (14,3) | 70.61 | NEUTRAL | The Stochastics value for ROCK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for ROCK.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.93 | NEUTRAL | The ADX value for ROCK.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)
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 |
|---|---|---|---|
| 0.74 | 0.69 | 0.05 (6.63%) | 15.08% |
| An entry @0.74. This is a Buy Stop order right above the 10 day moving average. | An exit @0.69. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 6.63%. | For a 1.00% total portfolio risk, you can invest 15.08% of your capital in this trade. |
- 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.
TSX-V:ROCK (7/14/2025, 7:00:00 PM)
0.72
+0.01 (+1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.41%
1 Week-2.7%
2 Weeks2.86%
1 Month5.88%
3 Month30.91%
6 Month260%
12 Month380%
2 Year140%
3 Year30.91%
5 Year-58.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%3.19%
ATR Inc2.94%
Range Today0.01
ADR(20)0.02
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.51
Mansfield8.48
10 Day High0.75
10 Day Low0.7
20 Day High0.75
20 Day Low0.64
52 Week High0.75
52 Week Low0.1
CS1 End0.71
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume5.18K
Volume Incr-49.62%
Vol(5)29.26K
Vol(50)52.85K