SEABRIDGE GOLD INC (SA) Technical Analysis
NYSE:SA • CA8119161054
Current stock price
SA Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to SA. Although SA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month SA has a been trading in the 26.65 - 34.16 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Looking at the yearly performance, SA did better than 93% of all other stocks. On top of that, SA also shows a nice and consistent pattern of rising prices.
- SA is one of the better performing stocks in the Metals & Mining industry, it outperforms 77% of 163 stocks in the same industry.
- SA has an average volume of 1002680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- SA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SA is lagging the market.
SA Weekly and Daily overview Charts
SA Setup Rating and Analysis
SA has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SA Support and Resistance Analysis
24.19
We found 3 important support areas.
- A support zone ranging from 25.92 to 26.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.95 to 25.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.43 to 24.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @32.42 from a trend line in the daily time frame.
SA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for SA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SA is down. |
| ChartMill Relative Strength | 93.5 | POSITIVE | SA has a high relative strength, it outperformed 93.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SA is below a declining 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) | 40.3 | 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. |
| Stochastics (14,3) | 11.04 | OVERSOLD | The low Stochastics value suggests SA may be oversold. |
| Average True Range in percent/ATR (20) | 6.08 | HIGH VOLATILITY | The high ATR as a percentage value for SA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.05 | NEGATIVE | The low ADX value for SA suggests a weak or negative trend. |
SA Chart- and CandleStick Pattern Analysis
SA Technicals: Chart, Performance Metrics, Trend & Indicators
28.29
-1.9 (-6.29%)
SEABRIDGE GOLD INC / SA TA FAQ
What is the technical rating for SA stock?
ChartMill assigns a technical rating of 5 / 10 to SA.
What is the current trend direction of SEABRIDGE GOLD INC (SA) stock?
The current trend direction for SEABRIDGE GOLD INC (SA) is Bearish.
What is the RSI signal for SEABRIDGE GOLD INC (SA) stock?
SEABRIDGE GOLD INC (SA) has an RSI value of 40.2957. This indicates that the stock is currently neutral.
What is the support and resistance level for SA stock?
SEABRIDGE GOLD INC (SA) has a support level at 26.21 and a resistance level at 32.42. Check the full technical report for our detailed analysis of SA support and resistance levels.