YANGARRA RESOURCES LTD (YGR.CA) Stock Technical Analysis
TSX:YGR - Toronto Stock Exchange - CA98474P5013 - Common Stock - Currency: CAD
We assign a technical rating of 7 out of 10 to YGR. YGR has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
YGR 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the performance of all stocks over the past year, YGR turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
YGR is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, YGR did better than 52% of them.
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.
YGR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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. There is a support zone below the current price at 1.02, a Stop Loss order could be placed below this zone.
More info and screens
0.90
1.14
2 important support areas can be observed.
- A support zone ranging from 1.02 to 1.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.91 to 0.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.05 to 1.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.08 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.12 to 1.13. 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 YGR.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for YGR.CA is up. |
| ChartMill Relative Strength | 42.21 | NEUTRAL | YGR.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of YGR.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of YGR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of YGR.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.54 | 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. |
| Stochastics (14,3) | 62.5 | NEUTRAL | The Stochastics value for YGR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for YGR.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.32 | POSITIVE | The high ADX value value for YGR.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)
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 |
|---|---|---|---|
| 1.07 | 1.01 | 0.06 (5.61%) | 17.83% |
| An entry @1.07. This is a Buy Stop order right above the resistance zone. | An exit @1.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.06 points, which is 5.61%. | For a 1.00% total portfolio risk, you can invest 17.83% of your capital in this trade. |
- 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:YGR (7/11/2025, 7:00:00 PM)
1.03
+0.01 (+0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.98%
1 Week0%
2 Weeks0.98%
1 Month7.29%
3 Month19.77%
6 Month-8.85%
12 Month-6.36%
2 Year-46.63%
3 Year-65.32%
5 Year74.58%
10 Year-2.83%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%3.2%
ATR Inc-55.32%
Range Today0.01
ADR(20)0.03
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.21
Mansfield-0.52
10 Day High1.06
10 Day Low0.98
20 Day High1.06
20 Day Low0.97
52 Week High1.17
52 Week Low0.8
CS1 End1.02
CR1 Start1.05
Volume & EV
DER(3)0%
DER(5)0%
Volume605
Volume Incr-45.8%
Vol(5)23.43K
Vol(50)41.45K