YANGARRA RESOURCES LTD (YGR.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:YGR - CA98474P5013 - Common Stock
Overall YGR gets a technical rating of 3 out of 10. In the last year, YGR was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 63% of all other stocks performed better in the past year than YGR.
- In the last month YGR has a been trading in the 0.90 - 1.10 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- YGR is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 45% of 211 stocks in the same industry.
- YGR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so YGR is lagging the market.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, YGR does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.05. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for YGR 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
0.94
We found 4 important support areas.
- Support @1.05 from a trend line in the weekly time frame.
- Support @1.02 from a horizontal line in the daily time frame.
- Strong support @0.98 from a horizontal line in the daily time frame.
- A support zone ranging from 0.95 to 0.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.05 to 1.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.12 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.14 to 1.16. 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 | NEUTRAL | NEUTRAL | The long term trend for YGR.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for YGR.CA is neutral. |
| ChartMill Relative Strength | 37.42 | NEUTRAL | YGR.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of YGR.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of YGR.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of YGR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.89 | NEUTRAL | The RSI value for YGR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests YGR.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 70 | NEUTRAL | The Stochastics value for YGR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for YGR.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.77 | POSITIVE | The high ADX value value for YGR.CA suggests a strong trend. |
TSX:YGR (1/14/2026, 7:00:00 PM)
1.05
0 (0%)
YANGARRA RESOURCES LTD / YGR.CA FAQ
What is the technical rating for YGR stock?
ChartMill assigns a technical rating of 3 / 10 to YGR.CA.
What is the current trend direction of YANGARRA RESOURCES LTD (YGR.CA) stock?
The current trend direction for YANGARRA RESOURCES LTD (YGR.CA) is Bearish.
What is the RSI signal for YANGARRA RESOURCES LTD (YGR.CA) stock?
YANGARRA RESOURCES LTD (YGR.CA) has an RSI value of 47.892. This indicates that the stock is currently neutral.
Can you provide the short term momentum for YANGARRA RESOURCES LTD?
The short term momentum for YANGARRA RESOURCES LTD (YGR.CA) is neutral.
What are the support and resistance levels for YANGARRA RESOURCES LTD (YGR.CA) stock?
YANGARRA RESOURCES LTD (YGR.CA) has a support level at 1.05 and a resistance level at 1.05. Check the full technical report for our detailed analysis of YGR.CA support and resistance levels.