SANDSTORM GOLD LTD (SAND) Stock Technical Analysis
NYSE:SAND - CA80013R2063 - Common Stock
10.98 USD
+0.16 (+1.48%)
10.99 USD
+0.01 (+0.09%)
We assign a technical rating of 10 out of 10 to SAND. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SAND is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SAND is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by SAND over the past year are nicely spread over this period.
SAND is part of the Metals & Mining industry. There are 156 other stocks in this industry. SAND outperforms 78% of them.
SAND is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SAND has a been trading in the 9.28 - 11.01 range, which is quite wide. It is currently trading near the high of this range.
SAND has an average volume of 7211200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although SAND has an excellent technical rating, it does not present a decent entry opportunity 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
9.26
11.09
3 important support areas can be observed.
- A support zone ranging from 10.54 to 10.62. 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 10.00 to 10.16. 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 9.35 to 9.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 94.05 | POSITIVE | SAND has a high relative strength, it outperformed 94.05% 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) | 71.73 | OVERBOUGHT | The high RSI value suggests SAND may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SAND has a positive trend. |
| Stochastics (14,3) | 93.33 | OVERBOUGHT | The high Stochastics value suggests SAND may be overbought. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for SAND suggests some volalility. |
| Average Directional Index/ADX (14) | 34.06 | 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)
10.98
+0.16 (+1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.48%
1 Week3.49%
2 Weeks5.37%
1 Month14.97%
3 Month25.49%
6 Month83.61%
12 Month96.77%
2 Year99.64%
3 Year93.99%
5 Year20.13%
10 Year302.2%
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%2.33%
ATR Inc19.26%
Range Today0.3
ADR(20)0.25
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.05
Mansfield3.84
10 Day High11.01
10 Day Low10.1
20 Day High11.01
20 Day Low9.28
52 Week High11.01
52 Week Low5.33
CS1 End10.62
CR1 StartN/A
Volume & EV
DER(3)3.36%
DER(5)2.69%
Volume3.74M
Volume Incr-40.58%
Vol(5)3.97M
Vol(50)7.21M