Victoria Gold Corp (VGCX.CA) Stock Technical Analysis
TSX:VGCX - Toronto Stock Exchange - CA92625W5072 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to VGCX. VGCX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, VGCX is a bad performer in the overall market: 100% of all stocks are doing better.
VGCX is part of the Metals & Mining industry. There are 805 other stocks in this industry, of which 93% are performing better than VGCX.
VGCX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month VGCX has a been trading in the 0.43 - 0.86 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.
VGCX has an average volume of 1318910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
VGCX has a poor technical rating and the quality of the setup is also not perfect 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
0.48
0.48
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 | DOWN | NEGATIVE | The long term trend for VGCX.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VGCX.CA is down. |
| ChartMill Relative Strength | 0.06 | NEGATIVE | VGCX.CA has a low relative strength, it was outperformed by 99.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VGCX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VGCX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VGCX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 18.85 | OVERSOLD | The low RSI value suggests VGCX.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests VGCX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 9.03 | OVERSOLD | The low Stochastics value suggests VGCX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 15.63 | HIGH VOLATILITY | The high ATR as a percentage value for VGCX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 61.11 | POSITIVE | The high ADX value value for VGCX.CA suggests a strong 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:VGCX (8/13/2024, 7:00:00 PM)
0.48
+0.02 (+4.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.35%
1 Week-11.11%
2 Weeks-18.64%
1 Month-44.19%
3 Month-94.04%
6 Month-92.18%
12 Month-92.73%
2 Year-93.83%
3 Year-96.81%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%15.63%
ATR Inc-38.34%
Range Today0.05
ADR(20)0.07
ADR(20)%15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.06
Mansfield-9.24
10 Day High0.63
10 Day Low0.44
20 Day High0.86
20 Day Low0.44
52 Week High8.55
52 Week Low0.44
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-8.28%
DER(5)-11.91%
Volume408.49K
Volume Incr-62.14%
Vol(5)487.31K
Vol(50)1.32M