SEABRIDGE GOLD INC (SA) Technical Analysis
NYSE:SA • CA8119161054
Current stock price
SA Technical Rating and Analysis
We assign a technical rating of 4 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 23.58 - 40.05 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- 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. On top of that, SA also shows a nice and consistent pattern of rising prices.
- SA has an average volume of 1228530 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 an average performer in the Metals & Mining industry, it outperforms 69% of 159 stocks in the same industry.
- SA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SA is lagging the market slightly.
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
24.18
We found 1 important support area.
- A support zone ranging from 24.42 to 24.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 92.41 | POSITIVE | SA has a high relative strength, it outperformed 92.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SA is below a declining 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) | 26.09 | OVERSOLD | The low RSI value suggests SA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.29 | NEGATIVE | The MACD value suggests SA has a negative trend. |
| Stochastics (14,3) | 5.22 | OVERSOLD | The low Stochastics value suggests SA may be oversold. |
| Average True Range in percent/ATR (20) | 9.22 | HIGH VOLATILITY | The high ATR as a percentage value for SA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.23 | POSITIVE | The high ADX value value for SA suggests a strong trend. |
SA Chart- and CandleStick Pattern Analysis
SA Technicals: Chart, Performance Metrics, Trend & Indicators
24.43
-0.41 (-1.65%)
SEABRIDGE GOLD INC / SA TA FAQ
What is the technical rating for SA stock?
ChartMill assigns a technical rating of 4 / 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 SA stock?
SEABRIDGE GOLD INC (SA) has an RSI value of 26.0879. This indicates that the stock is currently oversold.
What is the MACD signal for SEABRIDGE GOLD INC (SA) stock?
The MACD indicator for SEABRIDGE GOLD INC (SA) has a value of -1.28768, indicating a bearish trend.
Can you provide the support and resistance levels for SEABRIDGE GOLD INC?
SEABRIDGE GOLD INC (SA) has a support level at 24.42. Check the full technical report for our detailed analysis of SA support and resistance levels.