SOUTH ATLANTIC GOLD INC (SAO.CA) Technical Analysis
TSX-V:SAO • CA83636L1013
Current stock price
SAO.CA Technical Rating and Analysis
Overall SAO gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SAO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SAO did better than 96% of all other stocks. On top of that, SAO also shows a nice and consistent pattern of rising prices.
- SAO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SAO has a been trading in the 0.07 - 0.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SAO.CA Weekly and Daily overview Charts
SAO.CA Setup Rating and Analysis
SAO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.08, a Stop Loss order could be placed below this zone.
More info and screens
SAO.CA Support and Resistance Analysis
0.07
2 important support areas can be observed.
- A support zone ranging from 0.08 to 0.08. 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 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
SAO.CA Technical Indicator Signal Analysis
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 | 96.47 | POSITIVE | SAO.CA has a high relative strength, it outperformed 96.47% 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) | 55.67 | NEUTRAL | The RSI value for SAO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SAO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.89 | OVERBOUGHT | The high Stochastics value suggests SAO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for SAO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 10.07 | NEGATIVE | The low ADX value for SAO.CA suggests a weak or negative trend. |
SAO.CA Chart- and CandleStick Pattern Analysis
SAO.CA 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.10 | 0.07 | 0.03 (26.70%) | 3.75% |
| An entry @0.10. This is a Buy Stop order right above the 10 day moving average. | An exit @0.07. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 26.70%. | When investing 3.75% 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.
SAO.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:SAO (4/22/2026, 7:00:00 PM)
0.085
0 (-5.56%)
SOUTH ATLANTIC GOLD INC / SAO.CA TA 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.
Can you provide the RSI signal for SOUTH ATLANTIC GOLD INC?
SOUTH ATLANTIC GOLD INC (SAO.CA) has an RSI value of 55.6667. This indicates that the stock is currently neutral.
What is the MACD signal for SOUTH ATLANTIC GOLD INC (SAO.CA) stock?
The MACD indicator for SOUTH ATLANTIC GOLD INC (SAO.CA) has a value of 0.0000240339, indicating a bearish trend.
What is the short term momentum for SOUTH ATLANTIC GOLD INC (SAO.CA) stock?
The short term momentum for SOUTH ATLANTIC GOLD INC (SAO.CA) is positive.