ARCUS DEVELOPMENT GROUP INC (ADG-H.CA) Stock Technical Analysis
TSX-V:ADG-H - TSX Venture Exchange - CA03968J1021 - Common Stock - Currency: CAD
We assign a technical rating of 6 out of 10 to ADG-H. ADG-H has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
ADG-H has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ADG-H 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
0.01
We found 1 important support area.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.03 from a horizontal line in the daily time frame.
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 |
|---|---|---|---|
| 0.04 | -0.01 | 0.04 (114.29%) | 0.88% |
| An entry @0.04. This is a Buy Stop order right above the 10 day high. | An exit @-0.01. 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 114.29%. | For a 1.00% total portfolio risk, you can invest 0.88% 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-V:ADG-H (3/6/2025, 7:00:00 PM)
0.015
-0.01 (-25%)