CANEX METALS INC (CANX.CA) Stock Technical Analysis
TSX-V:CANX - TSX Venture Exchange - CA13751X1015 - Common Stock - Currency: CAD
Overall CANX gets a technical rating of 6 out of 10. Although CANX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month CANX has a been trading in the 0.04 - 0.07 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that CANX is one of the better performing stocks in the market, outperforming 80% of all stocks. On top of that, CANX also shows a nice and consistent pattern of rising prices.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
CANX is part of the Metals & Mining industry. There are 799 other stocks in this industry, CANX did better than 63% of them.
CANX 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.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, CANX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.04, a Stop Loss order could be placed below this zone.
More info and screens
0.04
0.06
We found 1 important support area.
- A support zone ranging from 0.04 to 0.04. 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 0.04 to 0.04. 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 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.92
Mansfield-0.2
10 Day High0.05
10 Day Low0.04
20 Day High0.07
20 Day Low0.04
52 Week High0.08
52 Week Low0.03
Performance
1 Week0%
2 Weeks0%
1 Month-10%
3 Month0%
6 Month0%
12 Month28.57%
2 Year-35.71%
3 Year-70%
5 Year-70%
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)49.07
LBB0.04
UBB0.05
TSX-V:CANX (4/23/2025, 7:00:00 PM)
0.045
+0 (+12.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg12.5%
1 Week0%
2 Weeks0%
1 Month-10%
3 Month0%
6 Month0%
12 Month28.57%
2 Year-35.71%
3 Year-70%
5 Year-70%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%15.56%
ATR Inc-22.22%
Range Today0
ADR(20)0
ADR(20)%6.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.92
Mansfield-0.2
10 Day High0.05
10 Day Low0.04
20 Day High0.07
20 Day Low0.04
52 Week High0.08
52 Week Low0.03
CS1 End0.04
CR1 Start0.04
Volume & EV
DER(3)0%
DER(5)0%
Volume13.00K
Volume Incr-56.67%
Vol(5)34.21K
Vol(50)101.46K