HIGHGOLD MINING INC (HIGH.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:HIGH - CA42984X1096 - Common Stock
Overall HIGH gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HIGH is showing a nice and steady performance.
Although HIGH has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.38
4 important support areas can be observed.
- A support zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.38 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.59 from a trend line in the weekly time frame.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for HIGH.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HIGH.CA is up. |
| ChartMill Relative Strength | 86.04 | POSITIVE | HIGH.CA has a high relative strength, it outperformed 86.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HIGH.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HIGH.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HIGH.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.49 | NEUTRAL | The RSI value for HIGH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HIGH.CA has a positive trend. |
| Stochastics (14,3) | 95.37 | OVERBOUGHT | The high Stochastics value suggests HIGH.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for HIGH.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.37 | NEUTRAL | The ADX value for HIGH.CA suggests a possible start of a new trend. |
TSX-V:HIGH (7/11/2024, 7:00:00 PM)
0.52
+0.03 (+5.05%)
HIGHGOLD MINING INC / HIGH.CA FAQ
Can you provide the ChartMill technical rating for HIGHGOLD MINING INC?
ChartMill assigns a technical rating of 8 / 10 to HIGH.CA.
What is the current trend direction of HIGHGOLD MINING INC (HIGH.CA) stock?
The current trend direction for HIGHGOLD MINING INC (HIGH.CA) is Bullish.
What is the RSI signal for HIGH stock?
HIGHGOLD MINING INC (HIGH.CA) has an RSI value of 58.4896. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HIGHGOLD MINING INC?
The MACD indicator for HIGHGOLD MINING INC (HIGH.CA) has a value of 0.00659996, indicating a bearish trend.
Can you provide the short term momentum for HIGHGOLD MINING INC?
The short term momentum for HIGHGOLD MINING INC (HIGH.CA) is positive.