TIMBERLINE RESOURCES CORP (TBR.CA) Stock Technical Analysis
TSX-V:TBR - TSX Venture Exchange - US8871332057 - Common Stock - Currency: CAD
Overall TBR gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Both the short term and long term trends are positive. This is a very positive sign.
TBR is part of the Metals & Mining industry. There are 805 other stocks in this industry. TBR outperforms 91% of them.
In the last month TBR has a been trading in the 0.10 - 0.14 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that TBR is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
TBR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TBR is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TBR has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.05
0.14
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.14 to 0.14. 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 TBR.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TBR.CA is up. |
| ChartMill Relative Strength | 96.54 | POSITIVE | TBR.CA has a high relative strength, it outperformed 96.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TBR.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TBR.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TBR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.53 | NEUTRAL | The RSI value for TBR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TBR.CA has a positive trend. |
| Stochastics (14,3) | 82.22 | OVERBOUGHT | The high Stochastics value suggests TBR.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.62 | MEDIUM VOLATILITY | The ATR as a percentage value for TBR.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.95 | NEGATIVE | The low ADX value for TBR.CA suggests a weak or negative 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:TBR (8/21/2024, 7:00:00 PM)
0.13
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week18.18%
2 Weeks13.04%
1 Month-3.7%
3 Month-13.33%
6 Month160%
12 Month160%
2 Year-39.53%
3 Year-45.83%
5 Year30%
10 Year-99%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%4.62%
ATR Inc16.67%
Range Today0.01
ADR(20)0
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.54
Mansfield3.37
10 Day High0.14
10 Day Low0.11
20 Day High0.14
20 Day Low0.11
52 Week High0.17
52 Week Low0.05
CS1 End0.12
CR1 Start0.14
Volume & EV
DER(3)-23.71%
DER(5)-32.62%
Volume401.30K
Volume Incr-27.74%
Vol(5)166.82K
Vol(50)192.26K