AMERIGO RESOURCES LTD (ARG.CA) Stock Technical Analysis
TSX:ARG - Toronto Stock Exchange - CA03074G1090 - Common Stock - Currency: CAD
Overall ARG gets a technical rating of 7 out of 10. In the last year, ARG was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
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 ARG is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ARG is an average performer in the Metals & Mining industry, it outperforms 63% of 818 stocks in the same industry.
ARG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARG is lagging the market.
In the last month ARG has a been trading in the 1.62 - 1.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ARG has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.51
1.90
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.75 to 1.76. 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 1.70 to 1.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.63 from a trend line in the weekly time frame.
- A support zone ranging from 1.53 to 1.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.82 to 1.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.87 to 1.88. This zone is formed by a combination of multiple trend lines 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
CRS78.3
Mansfield-0.12
10 Day High1.87
10 Day Low1.75
20 Day High1.87
20 Day Low1.62
52 Week High2.05
52 Week Low1.25
Performance
1 Week-5.35%
2 Weeks-0.56%
1 Month6.63%
3 Month1.72%
6 Month2.91%
12 Month37.21%
2 Year10.63%
3 Year7.27%
5 Year470.97%
10 Year453.13%
15 Year164.18%
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
RSI(14)52.67
LBB1.68
UBB1.91
TSX:ARG (2/21/2025, 7:00:00 PM)
1.77
-0.05 (-2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.75%
1 Week-5.35%
2 Weeks-0.56%
1 Month6.63%
3 Month1.72%
6 Month2.91%
12 Month37.21%
2 Year10.63%
3 Year7.27%
5 Year470.97%
10 Year453.13%
15 Year164.18%
Volatility
ATR(14)0.05
ATR(20)%2.68%
ATR Inc37.88%
Range Today0.08
ADR(20)0.04
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.3
Mansfield-0.12
10 Day High1.87
10 Day Low1.75
20 Day High1.87
20 Day Low1.62
52 Week High2.05
52 Week Low1.25
CS1 End1.76
CR1 Start1.82
Volume & EV
DER(3)-7.56%
DER(5)-4.52%
Volume225.73K
Volume Incr-52.15%
Vol(5)141.58K
Vol(50)244.68K