SEABRIDGE GOLD INC (SA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SA - CA8119161054 - Common Stock
Overall SA gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SA has proven to be a steady performer, scoring decent points in every aspect analyzed.
SA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 29.87, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.49
We found 4 important support areas.
- A support zone ranging from 29.39 to 29.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.45 from a horizontal line in the daily time frame.
- A support zone ranging from 25.98 to 26.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.61 from a horizontal line in the weekly 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 | 97.39 | POSITIVE | SA has a high relative strength, it outperformed 97.39% 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) | 62.28 | NEUTRAL | The RSI value for SA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SA has a positive trend. |
| Stochastics (14,3) | 87.2 | OVERBOUGHT | The high Stochastics value suggests SA may be overbought. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for SA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.45 | POSITIVE | The high ADX value value for SA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 31.88 | 29.38 | 2.50 (7.84%) | 12.75% |
| An entry @31.88. This is a Buy Stop order right above the 10 day high. | An exit @29.38. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.50 points, which is 7.84%. | When investing 12.75% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
30.96
-0.73 (-2.3%)
SEABRIDGE GOLD INC / SA FAQ
What is the technical rating for SA stock?
ChartMill assigns a technical rating of 10 / 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 62.2813. 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 0.035591, indicating a bearish trend.
What is the buy/sell signal for SEABRIDGE GOLD INC (SA) stock?
The buy/sell signal for SEABRIDGE GOLD INC (SA) is buy as both the short term and long term trends are positive.