ARIZONA SONORAN COPPER CO IN (ASCU.CA) Stock Technical Analysis
TSX:ASCU - Toronto Stock Exchange - CA04058Q1054 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to ASCU. Both in the recent history as in the last year, ASCU has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 ASCU is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, ASCU also shows a nice and consistent pattern of rising prices.
ASCU is part of the Metals & Mining industry. There are 818 other stocks in this industry. ASCU outperforms 78% of them.
ASCU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ASCU is lagging the market slightly.
In the last month ASCU has a been trading in the 1.60 - 2.09 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ASCU also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ASCU 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
1.20
1.92
We found 6 important support areas.
- A support zone ranging from 1.87 to 1.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.75 from a trend line in the daily time frame.
- Support @1.62 from a trend line in the daily time frame.
- Support @1.52 from a trend line in the weekly time frame.
- Support @1.34 from a trend line in the weekly time frame.
- Support @1.21 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
CRS90.45
Mansfield1.74
10 Day High2.09
10 Day Low1.88
20 Day High2.09
20 Day Low1.6
52 Week High2.09
52 Week Low1.15
Performance
1 Week-7.32%
2 Weeks-2.56%
1 Month11.76%
3 Month34.75%
6 Month15.15%
12 Month63.79%
2 Year4.4%
3 Year-9.95%
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)-0.01
RSI(14)54.74
LBB1.79
UBB2.12
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 |
|---|---|---|---|
| 2.00 | 1.87 | 0.13 (6.36%) | 15.72% |
| An entry @2.00. This is a Buy Stop order right above the 10 day moving average. | An exit @1.87. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.13 points, which is 6.36%. | When investing 15.72% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ASCU. Please evaluate whether better entry and exit points can be found.
- 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:ASCU (2/21/2025, 7:00:00 PM)
1.9
-0.1 (-5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5%
1 Week-7.32%
2 Weeks-2.56%
1 Month11.76%
3 Month34.75%
6 Month15.15%
12 Month63.79%
2 Year4.4%
3 Year-9.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%5.8%
ATR Inc32.25%
Range Today0.14
ADR(20)0.11
ADR(20)%5.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.45
Mansfield1.74
10 Day High2.09
10 Day Low1.88
20 Day High2.09
20 Day Low1.6
52 Week High2.09
52 Week Low1.15
CS1 End1.89
CR1 StartN/A
Volume & EV
DER(3)11.81%
DER(5)6.46%
Volume48.51K
Volume Incr-44.84%
Vol(5)86.19K
Vol(50)143.31K