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Contango Silver & Gold Inc.

CTGO.TO Technical Analysis Summary (TSX)

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

CTGO.TOTSX
$27.50
$1.50(5.17%)
Canadian Market opens in 11h 17m

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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

CTGO.TO Technical Analysis Summary (TSX)

Contango Silver & Gold Inc. (TSX: CTGO.TO) stock currently shows a bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.57)
Trend Strength:Moderate (ADX: 26.53)
Volatility:Medium (ATR: 1.22)
Support/Resistance:$20.72 – $30.45 (Bollinger Bands)

Technical conditions suggest Contango Silver & Gold Inc. on the TSX is awaiting a decisive move. Technical conditions suggest Contango Silver & Gold Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 59.57

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 87.11

Bearish
Overbought levels may trigger pullback.

Williams %R: -22.14

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 28.48

Strongly Bullish
Strong upside momentum.

Takeaway:Contango Silver & Gold Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 1.24

Bullish
Bullish, trend momentum is strengthening.

ADX: 26.53

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.22

Low
Low volatility, stable price action.

CCI (14): 66.53

Bullish
Bullish, momentum building upward.

Takeaway:Contango Silver & Gold Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$30.45
Middle Band (SMA 20)
$25.58
Lower Band
$20.72
Current Position
Within Bands

Takeaway:Contango Silver & Gold Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$28.63
Middle Line (EMA 20)
$26.20
Lower Channel
$23.76
Squeeze Status
No Squeeze

Takeaway:Contango Silver & Gold Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume33.37K
Money Flow Index62.34Bullish, inflows support continued momentum.
Relative Vigor Index58.08Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Contango Silver & Gold Inc. (TSX: CTGO.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Contango Silver & Gold Inc. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: CTGO.TO) Technical Analysis FAQ