CANSTAR RESOURCES INC (ROX.CA) Stock Technical Analysis
TSX-V:ROX - TSX Venture Exchange - CA1380813024 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to ROX. In the last year, ROX was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month ROX has a been trading in the 0.06 - 0.07 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that ROX is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by ROX over the past year are nicely spread over this period.
ROX is part of the Metals & Mining industry. There are 805 other stocks in this industry. ROX outperforms 72% of them.
ROX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ROX is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Considerably lower volume is observed in the last couple of days.
Although ROX has an excellent technical rating, it does not offer a high 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
0.04
0.07
We found 3 important support areas.
- 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.
- Support @0.05 from a trend line in the weekly time frame.
- A support zone ranging from 0.04 to 0.04. 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 ROX.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ROX.CA is down. |
| ChartMill Relative Strength | 86.82 | POSITIVE | ROX.CA has a high relative strength, it outperformed 86.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ROX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ROX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ROX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.44 | NEUTRAL | The RSI value for ROX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ROX.CA has a negative trend. |
| Stochastics (14,3) | 22.22 | NEUTRAL | The Stochastics value for ROX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.38 | HIGH VOLATILITY | The high ATR as a percentage value for ROX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.4 | NEUTRAL | The ADX value for ROX.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)
TSX-V:ROX (7/17/2025, 7:00:00 PM)
0.065
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-7.14%
2 Weeks-13.33%
1 Month0%
3 Month8.33%
6 Month62.5%
12 Month85.71%
2 Year85.71%
3 Year-35%
5 Year-35%
10 Year-74%
15 Year-85.56%
Volatility
ATR(14)0
ATR(20)%5.38%
ATR Inc100%
Range Today0.01
ADR(20)0
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.82
Mansfield2.18
10 Day High0.08
10 Day Low0.06
20 Day High0.08
20 Day Low0.06
52 Week High0.08
52 Week Low0.03
CS1 End0.06
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume2.00K
Volume Incr-77.4%
Vol(5)39.60K
Vol(50)95.34K