SANDSTORM GOLD LTD (SAND)

CA80013R2063 - Common Stock

5.46  -0.2 (-3.53%)

After market: 5.51 +0.05 (+0.92%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to SAND. Although SAND is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
In the last month SAND has a been trading in the 5.10 - 5.74 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SAND has an average volume of 2651080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, SAND outperforms 63% of them, which is more or less in line with the market.
SAND is part of the Metals & Mining industry. There are 154 other stocks in this industry, SAND did better than 52% of them.
SAND 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 SAND is lagging the market slightly.
Weekly and Daily overview Charts
SAND Weekly chart
SAND Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, SAND also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.67. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

5.14

5.93

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 5.35 to 5.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 5.19 to 5.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 5.67 to 5.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @5.87 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.51
Mansfield0.16
10 Day High5.74
10 Day Low5.1
20 Day High5.74
20 Day Low5.1
52 Week High6.24
52 Week Low3.96
Performance
1 Week7.6%
2 Weeks7.81%
1 Month8.02%
3 Month24.12%
6 Month15.98%
12 Month-7.52%
2 Year-23.62%
3 Year-23.72%
5 Year5.4%
10 Year0.89%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)63.85
LBB5.17
UBB5.67
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
5.685.340.34 (5.99%)16.71%
An entry @5.68. This is a Buy Stop order right above the resistance zone.An exit @5.34. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.34 points, which is 5.99%.When investing 16.71% 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.
SAND Daily chart

SANDSTORM GOLD LTD

NYSE:SAND (4/30/2024, 3:15:47 PM)

After market: 5.51 +0.05 (+0.92%)

5.46

-0.2 (-3.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.53%
1 Week7.6%
2 Weeks7.81%
1 Month8.02%
3 Month24.12%
6 Month15.98%
12 Month-7.52%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%3.68%
ATR Inc
Range Today0.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.74
10 Day Low5.1
20 Day High5.74
20 Day Low5.1
52 Week High6.24
52 Week Low3.96
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.58M
Volume Incr-28.18%
Vol(5)2.10M
Vol(50)2.65M