SOUTH ATLANTIC GOLD INC (SAO.CA) Technical Analysis
TSX-V:SAO • CA83636L1013
We assign a technical rating of 10 out of 10 to SAO. 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.
- 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.
- 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 96% of all stocks. On top of that, SAO also shows a nice and consistent pattern of rising prices.
- SAO 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 SAO has a been trading in the 0.06 - 0.08 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SAO has an excellent technical rating, but the quality of the setup is only medium 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
0.06
2 important support areas can be observed.
- 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.
- A support zone ranging from 0.06 to 0.06. 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 | 96 | POSITIVE | SAO.CA has a high relative strength, it outperformed 96% 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) | 65.56 | 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) | 80 | NEUTRAL | The Stochastics value for SAO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.13 | HIGH VOLATILITY | The high ATR as a percentage value for SAO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.64 | NEUTRAL | The ADX value for SAO.CA suggests a possible start of a new trend. |
SAO.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:SAO (3/10/2026, 7:00:00 PM)
0.08
+0.01 (+6.67%)
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 65.5625. 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.