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CHESAPEAKE GOLD CORP (CKG.CA) Stock Technical Analysis

TSX-V:CKG - CA1651841027 - Common Stock

1.74 CAD
+0.09 (+5.45%)
Last: 8/22/2025, 7:00:00 PM
Technical Rating and Analysis

7

Taking everything into account, CKG scores 7 out of 10 in our technical rating. In the last year, CKG was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month CKG has a been trading in the 1.64 - 1.94 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that CKG is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
CKG is an average performer in the Metals & Mining industry, it outperforms 60% of 806 stocks in the same industry.
CKG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CKG is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CHESAPEAKE GOLD CORP / CKG Weekly stock chart
CHESAPEAKE GOLD CORP / CKG Daily stock chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, CKG also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.73, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CKG 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.
Support and Resistance Analysis

0.81

1.96

We found 4 important support areas.

  • A support zone ranging from 1.71 to 1.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.67 from a trend line in the daily time frame.
  • A support zone ranging from 1.63 to 1.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @0.82 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 1.77 to 1.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @1.86 from a trend line in the weekly time frame.
  • A resistance zone ranging from 1.92 to 1.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for CKG.CA is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for CKG.CA is neutral.
ChartMill Relative Strength81.32POSITIVECKG.CA has a high relative strength, it outperformed 81.32% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of CKG.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of CKG.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of CKG.CA is above a declining SMA(200).
Relative Strength Index/RSI (14)49.91NEUTRALThe RSI value for CKG.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests CKG.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)18.67OVERSOLDThe low Stochastics value suggests CKG.CA may be oversold.
Average True Range in percent/ATR (20)4.67MEDIUM VOLATILITYThe ATR as a percentage value for CKG.CA suggests some volalility.
Average Directional Index/ADX (14)15.12NEGATIVEThe low ADX value for CKG.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
1.781.700.08 (4.49%)22.25%
An entry @1.78. This is a Buy Stop order right above the resistance zone.An exit @1.70. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.08 points, which is 4.49%.For a 1.00% total portfolio risk, you can invest 22.25% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of CKG. 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.
CHESAPEAKE GOLD CORP / CKG Daily stock chart

CHESAPEAKE GOLD CORP

TSX-V:CKG (8/22/2025, 7:00:00 PM)

1.74

+0.09 (+5.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg5.45%
1 Week-2.25%
2 Weeks-5.95%
1 Month-9.37%
3 Month74%
6 Month65.71%
12 Month-6.45%
2 Year14.47%
3 Year-19.07%
5 Year-72.6%
10 Year-5.43%
15 Year-77.52%
Volatility
ATR(14)0.08
ATR(20)%4.67%
ATR Inc35.27%
Range Today0.14
ADR(20)0.08
ADR(20)%4.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.32
Mansfield1.55
10 Day High1.88
10 Day Low1.64
20 Day High1.94
20 Day Low1.64
52 Week High2.36
52 Week Low0.81
CS1 End1.73
CR1 Start1.77
Volume & EV
DER(3)29.51%
DER(5)28.52%
Volume59.90K
Volume Incr-44.09%
Vol(5)24.66K
Vol(50)40.43K