SOUTH ATLANTIC GOLD INC (SAO.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:SAO - CA83636L1013 - Common Stock
Overall SAO gets a technical rating of 10 out of 10. 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.
Although SAO has an excellent technical rating, it does not present a decent entry opportunity 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
0.02
3 important support areas can be observed.
- 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.
- A support zone ranging from 0.03 to 0.03. 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 0.02 to 0.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.05 from a trend line in the weekly 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 | 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 | 90.06 | POSITIVE | SAO.CA has a high relative strength, it outperformed 90.06% 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) | DOWN | MIXED | The current price of SAO.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.84 | 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. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests SAO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 8.89 | HIGH VOLATILITY | The high ATR as a percentage value for SAO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.44 | NEUTRAL | The ADX value for SAO.CA suggests a possible start of a new trend. |
TSX-V:SAO (1/8/2026, 7:00:00 PM)
0.045
0 (0%)
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 61.8444. This indicates that the stock is currently neutral.
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.