CONTANGO ORE INC (CTGO) Stock Technical Analysis
NYSEARCA:CTGO - NYSE Arca - US21077F1003 - Common Stock - Currency: USD
Taking everything into account, CTGO scores 0 out of 10 in our technical rating. CTGO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CTGO is a bad performer in the overall market: 90% of all stocks are doing better.
CTGO is part of the Metals & Mining industry. There are 151 other stocks in this industry, of which 88% are performing better than CTGO.
CTGO is currently trading near the lower end of its 52 week range, which is not a good sign. CTGO is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month CTGO has a been trading in the 8.85 - 11.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CTGO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for CTGO 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
9.65
23.93
When analyzing the resistance we notice 4 important areas.
- Resistance @10.52 from a trend line in the daily time frame.
- A resistance zone ranging from 11.06 to 11.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.05 to 23.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.69 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.94
Mansfield-4.67
10 Day High10.37
10 Day Low8.85
20 Day High11.23
20 Day Low8.85
52 Week High25.32
52 Week Low8.85
Performance
1 Week4.17%
2 Weeks-0.2%
1 Month-6.07%
3 Month-14.85%
6 Month-48.58%
12 Month-52.78%
2 Year-65.79%
3 Year-60.2%
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)0.04
RSI(14)45.87
LBB8.83
UBB10.75
9.75
-0.01 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.1%
1 Week4.17%
2 Weeks-0.2%
1 Month-6.07%
3 Month-14.85%
6 Month-48.58%
12 Month-52.78%
2 Year-65.79%
3 Year-60.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%6.24%
ATR Inc-7.51%
Range Today0.66
ADR(20)0.6
ADR(20)%6.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.94
Mansfield-4.67
10 Day High10.37
10 Day Low8.85
20 Day High11.23
20 Day Low8.85
52 Week High25.32
52 Week Low8.85
CS1 EndN/A
CR1 Start10.52
Volume & EV
DER(3)3.96%
DER(5)-1.18%
Volume61.50K
Volume Incr-16.33%
Vol(5)85.50K
Vol(50)96.23K