Canada - TSX Venture Exchange - TSX-V:XX - CA05352F1099 - Common Stock
We assign a technical rating of 8 out of 10 to XX. Although XX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
XX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.02, a Stop Loss order could be placed below this zone.
0.78
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 XX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XX.CA is up. |
| ChartMill Relative Strength | 71.31 | POSITIVE | XX.CA has a high relative strength, it outperformed 71.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of XX.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.03 | NEUTRAL | The RSI value for XX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests XX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.43 | NEUTRAL | The Stochastics value for XX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for XX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 33 | POSITIVE | The high ADX value value for XX.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 |
|---|---|---|---|
| 1.14 | 1.01 | 0.13 (11.40%) | 8.77% |
| An entry @1.14. This is a Buy Stop order right above the resistance zone. | An exit @1.01. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.13 points, which is 11.40%. | For a 1.00% total portfolio risk, you can invest 8.77% of your capital in this trade. |
TSX-V:XX (12/8/2025, 7:00:00 PM)
1.12
0 (0%)
ChartMill assigns a technical rating of 8 / 10 to XX.CA.
The current trend direction for AVANTE CORP (XX.CA) is Bullish.
AVANTE CORP (XX.CA) has an RSI value of 62.0338. This indicates that the stock is currently neutral.
The MACD indicator for AVANTE CORP (XX.CA) has a value of 0.00498702, indicating a bearish trend.
AVANTE CORP (XX.CA) has a support level at 1.02 and a resistance level at 1.13. Check the full technical report for our detailed analysis of XX.CA support and resistance levels.