SABLE RESOURCES LTD (SAE.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:SAE - CA7857133069 - Common Stock
Overall SAE gets a technical rating of 4 out of 10. SAE has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, SAE does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.04. Right above this resistance zone may be a good entry point.
More info and screens
0.03
2 important support areas can be observed.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.03 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for SAE.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SAE.CA is neutral. |
| ChartMill Relative Strength | 63.44 | NEUTRAL | SAE.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SAE.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SAE.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SAE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.27 | NEUTRAL | The RSI value for SAE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SAE.CA has a positive trend. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests SAE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 8.44 | HIGH VOLATILITY | The high ATR as a percentage value for SAE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.97 | NEUTRAL | The ADX value for SAE.CA suggests a possible start of a new trend. |
TSX-V:SAE (11/28/2025, 7:00:00 PM)
0.04
0 (0%)
SABLE RESOURCES LTD / SAE.CA FAQ
Can you provide the ChartMill technical rating for SABLE RESOURCES LTD?
ChartMill assigns a technical rating of 4 / 10 to SAE.CA.
Can you provide the trend direction for SABLE RESOURCES LTD?
The current trend direction for SABLE RESOURCES LTD (SAE.CA) is Bearish.
What is the RSI signal for SABLE RESOURCES LTD (SAE.CA) stock?
SABLE RESOURCES LTD (SAE.CA) has an RSI value of 52.2748. This indicates that the stock is currently neutral.
What is the MACD signal for SAE stock?
The MACD indicator for SABLE RESOURCES LTD (SAE.CA) has a value of 0.000543124, indicating a bearish trend.
What are the support and resistance levels for SABLE RESOURCES LTD (SAE.CA) stock?
SABLE RESOURCES LTD (SAE.CA) has a support level at 0.04 and a resistance level at 0.04. Check the full technical report for our detailed analysis of SAE.CA support and resistance levels.