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Allied Gold Corporation

AAUC.TO Technical Analysis Summary (TSX)

Analyze AAUC.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

AAUC.TOTSX
$32.30
$2.23(7.42%)
Canadian Market opens in 20h 8m

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

AAUC.TO Technical Analysis Summary (TSX)

Allied Gold Corporation (TSX: AAUC.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 54.95)
Trend Strength:Weak (ADX: 15.56)
Volatility:Medium (ATR: 1.31)
Support/Resistance:$29.42 – $34.20 (Bollinger Bands)

Technical conditions suggest Allied Gold Corporation on the TSX is awaiting a decisive move. Overall, Allied Gold Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 54.95

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 34.43

Bearish
Momentum remains weak below midpoint.

Williams %R: -29.63

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -0.52

Neutral
Price change is minimal.

Takeaway:Allied Gold Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.16

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.56

Weak
Weak trend, market trading sideways.

ATR (14): 1.31

Low
Low volatility, stable price action.

CCI (14): 17.38

Neutral
Neutral, no strong directional signal.

Takeaway:Allied Gold Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$34.20
Middle Band (SMA 20)
$31.81
Lower Band
$29.42
Current Position
Within Bands

Takeaway:Allied Gold Corporation trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$33.82
Middle Line (EMA 20)
$31.20
Lower Channel
$28.58
Squeeze Status
Squeeze On

Takeaway:Allied Gold Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume7.42M
Money Flow Index51.91Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.87Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:AAUC.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Allied Gold Corporation (TSX: AAUC.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Allied Gold Corporation are mixed, suggesting a Hold or wait-and-see approach.

(TSX: AAUC.TO) Technical Analysis FAQ