ATLAS SALT INC (SALT.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:SALT - CA04943J1003 - Common Stock
Taking everything into account, SALT scores 7 out of 10 in our technical rating. Although SALT is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, SALT is a bad performer in the overall market: 85% of all stocks are doing better.
- SALT is part of the Metals & Mining industry. There are 813 other stocks in this industry, of which 82% are performing better than SALT.
- The long and short term trends are both positive. This is looking good!
- SALT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- SALT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SALT is lagging the market.
SALT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. 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
0.36
7 important support areas can be observed.
- Support @0.68 from a horizontal line in the daily time frame.
- A support zone ranging from 0.65 to 0.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.62 from a trend line in the daily time frame.
- Support @0.60 from a horizontal line in the weekly time frame.
- Support @0.58 from a horizontal line in the daily time frame.
- Support @0.45 from a trend line in the weekly time frame.
- Support @0.36 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.70 to 0.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.73 from a horizontal line in the daily time frame.
- Resistance @0.88 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 SALT.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SALT.CA is up. |
| ChartMill Relative Strength | 15.71 | NEGATIVE | SALT.CA has a low relative strength, it was outperformed by 84.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SALT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SALT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SALT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.22 | NEUTRAL | The RSI value for SALT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SALT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.83 | NEUTRAL | The Stochastics value for SALT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for SALT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.6 | NEUTRAL | The ADX value for SALT.CA suggests a possible start of a new 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 |
|---|---|---|---|
| 0.72 | 0.67 | 0.05 (6.94%) | 14.40% |
| An entry @0.72. This is a Buy Stop order right above the resistance zone. | An exit @0.67. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.05 points, which is 6.94%. | For a 1.00% total portfolio risk, you can invest 14.40% of your capital in this trade. |
- 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.
TSX-V:SALT (1/15/2026, 7:00:00 PM)
0.69
0 (0%)
ATLAS SALT INC / SALT.CA FAQ
What is the ChartMill technical rating of ATLAS SALT INC (SALT.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to SALT.CA.
Can you provide the trend direction for ATLAS SALT INC?
The current trend direction for ATLAS SALT INC (SALT.CA) is Bullish.
What is the RSI signal for ATLAS SALT INC (SALT.CA) stock?
ATLAS SALT INC (SALT.CA) has an RSI value of 57.2179. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ATLAS SALT INC?
The buy/sell signal for ATLAS SALT INC (SALT.CA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for ATLAS SALT INC?
ATLAS SALT INC (SALT.CA) has a support level at 0.68 and a resistance level at 0.7. Check the full technical report for our detailed analysis of SALT.CA support and resistance levels.