Voyager Metals Inc (VONE.CA) Technical Analysis
TSX-V:VONE • CA92920V1058
Current stock price
VONE.CA Technical Rating and Analysis
Taking everything into account, VONE scores 9 out of 10 in our technical rating. In the last year, VONE was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly 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.
- Looking at the yearly performance, VONE did better than 89% of all other stocks.
- VONE is part of the Metals & Mining industry. There are 795 other stocks in this industry. VONE outperforms 73% of them.
- VONE 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.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- VONE 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 VONE is lagging the market slightly.
VONE.CA Weekly and Daily overview Charts
VONE.CA Setup Rating and Analysis
Besides having an excellent technical rating, VONE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.13, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VONE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
VONE.CA Support and Resistance Analysis
0.10
3 important support areas can be observed.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines 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 in the daily time frame.
We can see 3 important resistance areas.
- 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.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.16 from a trend line in the daily time frame.
VONE.CA Technical Indicator Signal Analysis
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 VONE.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VONE.CA is up. |
| ChartMill Relative Strength | 89.54 | POSITIVE | VONE.CA has a high relative strength, it outperformed 89.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VONE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VONE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VONE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.51 | NEUTRAL | The RSI value for VONE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests VONE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60 | NEUTRAL | The Stochastics value for VONE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for VONE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.96 | NEGATIVE | The low ADX value for VONE.CA suggests a weak or negative trend. |
VONE.CA Chart- and CandleStick Pattern Analysis
VONE.CA Example Setup
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 |
|---|---|---|---|
| 0.15 | 0.12 | 0.04 (23.33%) | 4.29% |
| An entry @0.15. This is a Buy Stop order right above the resistance zone. | An exit @0.12. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 23.33%. | When investing 4.29% 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.
VONE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:VONE (6/5/2023, 7:00:00 PM)
0.14
0 (0%)
Voyager Metals Inc / VONE.CA TA FAQ
What is the technical rating for VONE stock?
ChartMill assigns a technical rating of 8 / 10 to VONE.CA.
What is the current trend direction of Voyager Metals Inc (VONE.CA) stock?
The current trend direction for Voyager Metals Inc (VONE.CA) is Bearish.
Can you provide the RSI signal for Voyager Metals Inc?
Voyager Metals Inc (VONE.CA) has an RSI value of 55.5091. This indicates that the stock is currently neutral.
What is the short term momentum for Voyager Metals Inc (VONE.CA) stock?
The short term momentum for Voyager Metals Inc (VONE.CA) is positive.
Can you provide the support and resistance levels for Voyager Metals Inc?
Voyager Metals Inc (VONE.CA) has a support level at 0.13 and a resistance level at 0.14. Check the full technical report for our detailed analysis of VONE.CA support and resistance levels.