SOUTH ATLANTIC GOLD INC (SAO.CA) Stock Technical Analysis
TSX-V:SAO - CA83636L1013 - Common Stock
0.02 CAD
-0.01 (-20%)
Overall SAO gets a technical rating of 2 out of 10. SAO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
74% of all other stocks performed better in the past year than SAO.
In the last month SAO has a been trading in the 0.02 - 0.03 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
SAO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SAO is lagging the market.
The technical rating of SAO is bad and it also does not present a quality setup 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
0.01
0.04
When analyzing the support we notice one important area.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.03 from a trend line in the daily time frame.
- Resistance @0.04 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for SAO.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SAO.CA is neutral. |
| ChartMill Relative Strength | 26.11 | NEGATIVE | SAO.CA has a low relative strength, it was outperformed by 73.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SAO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SAO.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SAO.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.89 | NEUTRAL | The RSI value for SAO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SAO.CA has a negative trend. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests SAO.CA may be oversold. |
| Average True Range in percent/ATR (20) | 12.5 | HIGH VOLATILITY | The high ATR as a percentage value for SAO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.09 | NEGATIVE | The low ADX value for SAO.CA suggests a weak or negative 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)
TSX-V:SAO (8/27/2025, 7:00:00 PM)
0.02
-0.01 (-20%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-20%
1 Week0%
2 Weeks-20%
1 Month-33.33%
3 Month0%
6 Month33.33%
12 Month0%
2 Year-63.64%
3 Year-60%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%12.5%
ATR Inc180%
Range Today0
ADR(20)0
ADR(20)%3.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.11
Mansfield-1.69
10 Day High0.03
10 Day Low0.02
20 Day High0.03
20 Day Low0.02
52 Week High0.04
52 Week Low0.01
CS1 End0.01
CR1 Start0.02
Volume & EV
DER(3)0%
DER(5)0%
Volume260.00K
Volume Incr-41.52%
Vol(5)200.12K
Vol(50)289.80K