SOUTH ATLANTIC GOLD INC (SAO.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:SAO - CA83636L1013 - Common Stock
Taking everything into account, SAO scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SAO is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SAO is one of the better performing stocks in the market, outperforming 81% of all stocks.
- A new 52 week high is currently being made by SAO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month SAO has a been trading in the 0.03 - 0.07 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SAO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.04
We found 1 important support area.
- 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.
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 SAO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAO.CA is up. |
| ChartMill Relative Strength | 81.73 | POSITIVE | SAO.CA has a high relative strength, it outperformed 81.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SAO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.64 | OVERBOUGHT | The high RSI value suggests SAO.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SAO.CA has a positive trend. |
| Stochastics (14,3) | 90.48 | OVERBOUGHT | The high Stochastics value suggests SAO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.15 | HIGH VOLATILITY | The high ATR as a percentage value for SAO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.47 | POSITIVE | The high ADX value value for SAO.CA suggests a strong trend. |
TSX-V:SAO (1/20/2026, 7:00:00 PM)
0.065
+0.01 (+8.33%)
SOUTH ATLANTIC GOLD INC / SAO.CA FAQ
Can you provide the ChartMill technical rating for SOUTH ATLANTIC GOLD INC?
ChartMill assigns a technical rating of 10 / 10 to SAO.CA.
What is the current trend direction of SOUTH ATLANTIC GOLD INC (SAO.CA) stock?
The current trend direction for SOUTH ATLANTIC GOLD INC (SAO.CA) is Bullish.
What is the RSI signal for SOUTH ATLANTIC GOLD INC (SAO.CA) stock?
SOUTH ATLANTIC GOLD INC (SAO.CA) has an RSI value of 77.6389. This indicates that the stock is currently overbought.
Can you provide the short term momentum for SOUTH ATLANTIC GOLD INC?
The short term momentum for SOUTH ATLANTIC GOLD INC (SAO.CA) is positive.
What is the buy/sell signal for SOUTH ATLANTIC GOLD INC (SAO.CA) stock?
The buy/sell signal for SOUTH ATLANTIC GOLD INC (SAO.CA) is buy as both the short term and long term trends are positive.