ARGONAUT GOLD INC (AR.CA)

CA04016A1012 - Common Stock

0.52  +0.02 (+4%)

Technical Rating and Analysis

8

Overall AR gets a technical rating of 8 out of 10. Although AR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
In the last month AR has a been trading in the 0.41 - 0.52 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AR has an average volume of 1778090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, AR turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
AR is part of the Metals & Mining industry. There are 837 other stocks in this industry, AR did better than 66% of them.
AR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AR is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
AR Weekly chart
AR Daily chart
Setup Rating and Analysis

1

Although AR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

0.40

0.72

2 important support areas can be observed.

  • A support zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.40 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @0.71 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.57
Mansfield-0.32
10 Day High0.52
10 Day Low0.43
20 Day High0.52
20 Day Low0.41
52 Week High0.77
52 Week Low0.22
Performance
1 Week11.83%
2 Weeks22.35%
1 Month26.83%
3 Month25.3%
6 Month31.65%
12 Month-10.34%
2 Year9.47%
3 Year-84.52%
5 Year-77.49%
10 Year-86.93%
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)0.01
RSI(14)73.32
LBB0.4
UBB0.52
AR Daily chart

ARGONAUT GOLD INC

TSX:AR (7/16/2024, 7:00:00 PM)

0.52

+0.02 (+4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4%
1 Week11.83%
2 Weeks22.35%
1 Month26.83%
3 Month25.3%
6 Month31.65%
12 Month-10.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%3.39%
ATR Inc
Range Today0.04
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.52
10 Day Low0.43
20 Day High0.52
20 Day Low0.41
52 Week High0.77
52 Week Low0.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.78M
Volume Incr101.01%
Vol(5)2.86M
Vol(50)1.78M