SEABRIDGE GOLD INC (SA) Stock Technical Analysis
USA - NYSE:SA - CA8119161054 - Common Stock
24.55 USD
+0.61 (+2.55%)
24.5099 USD
-0.04 (-0.16%)
Overall SA gets a technical rating of 9 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, SA is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
SA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SA has a been trading in the 18.51 - 25.65 range, which is quite wide. It is currently trading near the high of this range.
SA has an average volume of 1409740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SA is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this relatively good performance is mostly due to a recent big move.
SA is an average performer in the Metals & Mining industry, it outperforms 50% of 156 stocks in the same industry.
SA has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.83
25.37
When analyzing the support we can see 3 important areas.
- Support @23.94 from a horizontal line in the daily time frame.
- Support @18.71 from a trend line in the daily time frame.
- Support @9.93 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @25.12 from a horizontal line in the daily 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 SA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SA is up. |
| ChartMill Relative Strength | 92.02 | POSITIVE | SA has a high relative strength, it outperformed 92.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.32 | NEUTRAL | The RSI value for SA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.92 | NEUTRAL | The Stochastics value for SA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for SA suggests some volalility. |
| Average Directional Index/ADX (14) | 42.12 | POSITIVE | The high ADX value value for SA suggests a strong trend. |
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)
24.55
+0.61 (+2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.55%
1 Week1.45%
2 Weeks12.1%
1 Month30.38%
3 Month56.27%
6 Month96.71%
12 Month43.74%
2 Year124%
3 Year129.44%
5 Year27.47%
10 Year200.49%
15 Year-10.17%
Volatility
ATR(14)1.22
ATR(20)%4.98%
ATR Inc39.04%
Range Today0.97
ADR(20)1.12
ADR(20)%4.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.02
Mansfield5.6
10 Day High25.65
10 Day Low22.14
20 Day High25.65
20 Day Low18.51
52 Week High25.65
52 Week Low9.4
CS1 End23.94
CR1 Start25.12
Volume & EV
DER(3)-0.21%
DER(5)0.92%
Volume1.38M
Volume Incr-12%
Vol(5)1.79M
Vol(50)1.41M