TOWER RESOURCES LTD (TWR.CA) Stock Technical Analysis
TSX-V:TWR - TSX Venture Exchange - CA89185T1066 - Common Stock - Currency: CAD
We assign a technical rating of 6 out of 10 to TWR. In the last year, TWR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
TWR is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TWR has a been trading in the 0.09 - 0.17 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.
Looking at the yearly performance, TWR did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
TWR is an average performer in the Metals & Mining industry, it outperforms 55% of 805 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TWR 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
0.10
0.14
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.10 to 0.10. 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 | NEUTRAL | NEUTRAL | The long term trend for TWR.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TWR.CA is up. |
| ChartMill Relative Strength | 74.07 | POSITIVE | TWR.CA has a high relative strength, it outperformed 74.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TWR.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TWR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TWR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.87 | OVERBOUGHT | The high RSI value suggests TWR.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TWR.CA has a positive trend. |
| Stochastics (14,3) | 88.89 | OVERBOUGHT | The high Stochastics value suggests TWR.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.71 | HIGH VOLATILITY | The high ATR as a percentage value for TWR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.2 | NEGATIVE | The low ADX value for TWR.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:TWR (7/11/2025, 7:00:00 PM)
0.14
+0.03 (+27.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg27.27%
1 Week33.33%
2 Weeks47.37%
1 Month33.33%
3 Month21.74%
6 Month7.69%
12 Month21.74%
2 Year33.33%
3 Year-33.33%
5 Year40%
10 Year1300%
15 Year-50%
Volatility
ATR(14)0.01
ATR(20)%5.71%
ATR Inc352.94%
Range Today0.03
ADR(20)0
ADR(20)%2.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.07
Mansfield1.36
10 Day High0.17
10 Day Low0.09
20 Day High0.17
20 Day Low0.09
52 Week High0.17
52 Week Low0.08
CS1 End0.11
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume890.27K
Volume Incr213.33%
Vol(5)203.85K
Vol(50)79.02K