PASOFINO GOLD LTD (VEIN.CA) Stock Technical Analysis
TSX-V:VEIN • CA7026573054
Overall VEIN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, VEIN 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, VEIN did better than 80% of all other stocks. We also observe that the gains produced by VEIN over the past year are nicely spread over this period.
- VEIN 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.
- VEIN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- VEIN is an average performer in the Metals & Mining industry, it outperforms 47% of 800 stocks in the same industry.
VEIN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.86, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VEIN in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
0.40
We found 6 important support areas.
- A support zone ranging from 0.83 to 0.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.77 from a trend line in the daily time frame.
- Support @0.60 from a trend line in the weekly time frame.
- Support @0.59 from a trend line in the daily time frame.
- Support @0.50 from a trend line in the weekly time frame.
- Support @0.40 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.87 to 0.88. 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 VEIN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VEIN.CA is up. |
| ChartMill Relative Strength | 80.34 | POSITIVE | VEIN.CA has a high relative strength, it outperformed 80.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VEIN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VEIN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VEIN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.97 | NEUTRAL | The RSI value for VEIN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VEIN.CA has a negative trend. |
| Stochastics (14,3) | 76.67 | NEUTRAL | The Stochastics value for VEIN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for VEIN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.37 | POSITIVE | The high ADX value value for VEIN.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 0.88 | 0.83 | 0.05 (5.68%) | 17.60% |
| An entry @0.88. This is a Buy Stop order right above the 10 day high. | An exit @0.83. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.05 points, which is 5.68%. | When investing 17.60% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:VEIN (2/18/2026, 7:00:00 PM)
0.86
0 (0%)
PASOFINO GOLD LTD / VEIN.CA FAQ
What is the ChartMill technical rating of PASOFINO GOLD LTD (VEIN.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to VEIN.CA.
Can you provide the trend direction for PASOFINO GOLD LTD?
The current trend direction for PASOFINO GOLD LTD (VEIN.CA) is Bullish.
What is the RSI signal for PASOFINO GOLD LTD (VEIN.CA) stock?
PASOFINO GOLD LTD (VEIN.CA) has an RSI value of 64.9654. This indicates that the stock is currently neutral.
What is the buy/sell signal for PASOFINO GOLD LTD (VEIN.CA) stock?
The buy/sell signal for PASOFINO GOLD LTD (VEIN.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for PASOFINO GOLD LTD (VEIN.CA) stock?
PASOFINO GOLD LTD (VEIN.CA) has a support level at 0.86 and a resistance level at 0.87. Check the full technical report for our detailed analysis of VEIN.CA support and resistance levels.