SANDSTORM GOLD LTD (SAND) Stock Technical Analysis
NYSE:SAND - New York Stock Exchange, Inc. - CA80013R2063 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to SAND. Both in the recent history as in the last year, SAND has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SAND did better than 91% of all other stocks. On top of that, SAND also shows a nice and consistent pattern of rising prices.
SAND is part of the Metals & Mining industry. There are 155 other stocks in this industry. SAND outperforms 75% of them.
SAND is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SAND is lagging the market slightly.
SAND has an average volume of 6404030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SAND has a been trading in the 8.86 - 10.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although SAND has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.24
9.96
We found 3 important support areas.
- A support zone ranging from 9.39 to 9.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.01 to 9.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.31 from a trend line in the daily 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 SAND is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAND is up. |
| ChartMill Relative Strength | 91.66 | POSITIVE | SAND has a high relative strength, it outperformed 91.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAND is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAND is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SAND is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.25 | NEUTRAL | The RSI value for SAND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SAND has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.08 | NEUTRAL | The Stochastics value for SAND is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for SAND suggests some volalility. |
| Average Directional Index/ADX (14) | 27.23 | POSITIVE | The high ADX value value for SAND suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
9.86
+0.02 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.2%
1 Week2.39%
2 Weeks5.91%
1 Month8.95%
3 Month24.34%
6 Month74.51%
12 Month71.48%
2 Year77.66%
3 Year65.71%
5 Year2.49%
10 Year286.67%
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%3.14%
ATR Inc-48.49%
Range Today0.17
ADR(20)0.29
ADR(20)%2.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.66
Mansfield3.59
10 Day High10.44
10 Day Low8.95
20 Day High10.44
20 Day Low8.86
52 Week High10.44
52 Week Low4.92
CS1 End9.44
CR1 StartN/A
Volume & EV
DER(3)-1.04%
DER(5)-1.17%
Volume10.32M
Volume Incr287.09%
Vol(5)19.25M
Vol(50)6.40M