TOWER RESOURCES LTD (TWR.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:TWR - CA89185T1066 - Common Stock
We assign a technical rating of 4 out of 10 to TWR. TWR has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
TWR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.10
We found 3 important support areas.
- A support zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.11 from a trend line in the weekly time frame.
- Support @0.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.22 from a horizontal 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 | UP | POSITIVE | The long term trend for TWR.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TWR.CA is neutral. |
| ChartMill Relative Strength | 78.14 | POSITIVE | TWR.CA has a high relative strength, it outperformed 78.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TWR.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TWR.CA is below a declining 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) | 47.34 | NEUTRAL | The RSI value for TWR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TWR.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.73 | NEUTRAL | The Stochastics value for TWR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.88 | HIGH VOLATILITY | The high ATR as a percentage value for TWR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.82 | NEGATIVE | The low ADX value for TWR.CA suggests a weak or negative trend. |
TSX-V:TWR (12/1/2025, 7:00:00 PM)
0.2
-0.02 (-9.09%)
TOWER RESOURCES LTD / TWR.CA FAQ
What is the ChartMill technical rating of TOWER RESOURCES LTD (TWR.CA) stock?
ChartMill assigns a technical rating of 4 / 10 to TWR.CA.
Can you provide the trend direction for TOWER RESOURCES LTD?
The current trend direction for TOWER RESOURCES LTD (TWR.CA) is Bullish.
What is the RSI signal for TWR stock?
TOWER RESOURCES LTD (TWR.CA) has an RSI value of 47.3397. This indicates that the stock is currently neutral.
What is the short term momentum for TOWER RESOURCES LTD (TWR.CA) stock?
The short term momentum for TOWER RESOURCES LTD (TWR.CA) is neutral.
What are the support and resistance levels for TOWER RESOURCES LTD (TWR.CA) stock?
TOWER RESOURCES LTD (TWR.CA) has a support level at 0.19 and a resistance level at 0.21. Check the full technical report for our detailed analysis of TWR.CA support and resistance levels.