HAMILTON GOLD PRODUCER YLD (AMAX.CA) Stock Technical Analysis
TSX:AMAX - Toronto Stock Exchange - CA4069181028 - ETF - Currency: CAD
Taking everything into account, AMAX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AMAX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: AMAX has an average volume of 19383 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that AMAX is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by AMAX over the past year are nicely spread over this period.
AMAX is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so AMAX slightly outperforms the market at the moment.
In the last month AMAX has a been trading in the 20.53 - 22.20 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.
Besides having an excellent technical rating, AMAX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 21.64, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.88
23.02
We found 3 important support areas.
- A support zone ranging from 21.13 to 21.64. 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 18.80 to 19.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @22.79 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.15
Mansfield0.78
10 Day High22.2
10 Day Low20.53
20 Day High22.2
20 Day Low20.53
52 Week High22.79
52 Week Low16.28
Performance
1 Week3.5%
2 Weeks1.34%
1 Month1.82%
3 Month11.95%
6 Month16.14%
12 Month32.07%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)58.36
LBB21.08
UBB22.12
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 |
|---|---|---|---|
| 22.80 | 21.12 | 1.68 (7.37%) | 13.57% |
| An entry @22.80. This is a Buy Stop order right above the resistance zone. | An exit @21.12. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.68 points, which is 7.37%. | For a 1.00% total portfolio risk, you can invest 13.57% 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:AMAX (3/7/2025, 7:00:00 PM)
21.87
+0.21 (+0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.97%
1 Week3.5%
2 Weeks1.34%
1 Month1.82%
3 Month11.95%
6 Month16.14%
12 Month32.07%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%2.09%
ATR Inc-5.22%
Range Today0.47
ADR(20)0.42
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.15
Mansfield0.78
10 Day High22.2
10 Day Low20.53
20 Day High22.2
20 Day Low20.53
52 Week High22.79
52 Week Low16.28
CS1 End21.64
CR1 Start22.79
Volume & EV
DER(3)-0.13%
DER(5)2.12%
Volume27.74K
Volume Incr-19.39%
Vol(5)21.71K
Vol(50)19.38K