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AWALE RESOURCES LTD (ARIC.CA) Stock Technical Analysis

TSX-V:ARIC - TSX Venture Exchange - CA05455R2081 - Common Stock - Currency: CAD

0.46  -0.01 (-1.08%)

Technical Rating and Analysis

5

Taking everything into account, ARIC scores 5 out of 10 in our technical rating. In the last year, ARIC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, ARIC did better than 94% of all other stocks. We also observe that the gains produced by ARIC over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 10 months ago.
ARIC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ARIC has a been trading in the 0.41 - 0.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
AWALE RESOURCES LTD / ARIC Weekly stock chart
AWALE RESOURCES LTD / ARIC Daily stock chart
Setup Rating and Analysis

3

ARIC has an average technical rating and it also does not offer a high quality setup 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.

Support and Resistance Analysis

0.40

0.54

We found 3 important support areas.

  • Support @0.43 from a trend line in the daily time frame.
  • Support @0.41 from a horizontal line in the daily time frame.
  • A support zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.51 from a trend line in the weekly time frame.
  • Resistance @0.53 from a trend line in the daily 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
CRS94.67
Mansfield-1.56
10 Day High0.49
10 Day Low0.42
20 Day High0.56
20 Day Low0.42
52 Week High1.1
52 Week Low0.17
Performance
1 Week0%
2 Weeks-6.12%
1 Month-2.13%
3 Month4.55%
6 Month-6.12%
12 Month148.65%
2 Year283.33%
3 Year109.09%
5 Year557.14%
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
RSI(14)47.67
LBB0.42
UBB0.51
AWALE RESOURCES LTD / ARIC Daily stock chart

AWALE RESOURCES LTD

TSX-V:ARIC (3/7/2025, 7:00:00 PM)

0.46

-0.01 (-1.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.08%
1 Week0%
2 Weeks-6.12%
1 Month-2.13%
3 Month4.55%
6 Month-6.12%
12 Month148.65%
2 Year283.33%
3 Year109.09%
5 Year557.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%6.09%
ATR Inc-65%
Range Today0
ADR(20)0.02
ADR(20)%5.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.67
Mansfield-1.56
10 Day High0.49
10 Day Low0.42
20 Day High0.56
20 Day Low0.42
52 Week High1.1
52 Week Low0.17
CS1 End0.43
CR1 Start0.47
Volume & EV
DER(3)1891.65%
DER(5)1149.73%
Volume500
Volume Incr-8.51%
Vol(5)94.89K
Vol(50)82.31K