SEABRIDGE GOLD INC (SA) Stock Technical Analysis
USA - NYSE:SA - CA8119161054 - Common Stock
24.24 USD
+1.45 (+6.36%)
24.39 USD
+0.15 (+0.62%)
We assign a technical rating of 9 out of 10 to SA. In the last year, SA was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that SA is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, SA also shows a nice and consistent pattern of rising prices.
SA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SA is lagging the market slightly.
SA has an average volume of 1491220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SA is an average performer in the Metals & Mining industry, it outperforms 60% of 154 stocks in the same industry.
In the last month SA has a been trading in the 21.67 - 29.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although SA has an excellent technical rating, the quality of the presented setup is not ideal 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
24.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.86 to 23.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.18 from a trend line in the daily time frame.
- Support @9.93 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @24.25 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 | NEUTRAL | NEUTRAL | The short term trend for SA is neutral. |
| ChartMill Relative Strength | 93.41 | POSITIVE | SA has a high relative strength, it outperformed 93.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SA is above a declining 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) | 54.88 | NEUTRAL | The RSI value for SA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests SA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.07 | NEUTRAL | The Stochastics value for SA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.86 | HIGH VOLATILITY | The high ATR as a percentage value for SA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.33 | NEUTRAL | The ADX value for SA suggests a possible start of a new 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)
24.24
+1.45 (+6.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg6.36%
1 Week3.19%
2 Weeks8.26%
1 Month-8.01%
3 Month45.06%
6 Month112.63%
12 Month70.46%
2 Year95.64%
3 Year94.08%
5 Year29.76%
10 Year206.84%
15 Year-16.27%
Volatility
ATR(14)1.17
ATR(20)%5.86%
ATR Inc-2.61%
Range Today1.09
ADR(20)1.17
ADR(20)%4.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.41
3 months CRS94.58
6 months CRS96.11
Mansfield4.39
10 Day High24.54
10 Day Low21.67
20 Day High29.31
20 Day Low21.67
52 Week High29.31
52 Week Low9.4
CS1 End23.14
CR1 Start24.25
Volume & EV
DER(3)-1.57%
DER(5)-2.7%
Volume743.70K
Volume Incr-47.95%
Vol(5)665.96K
Vol(50)1.49M
SEABRIDGE GOLD INC / SA FAQ
What is the technical rating for SA stock?
ChartMill assigns a technical rating of 9 / 10 to SA.
What is the trend direction for SA stock?
The current trend direction for SEABRIDGE GOLD INC (SA) is Bullish.
What is the RSI signal for SA stock?
SEABRIDGE GOLD INC (SA) has an RSI value of 54.8838. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SEABRIDGE GOLD INC?
The MACD indicator for SEABRIDGE GOLD INC (SA) has a value of -0.220808, indicating a bearish trend.