ATHA ENERGY CORP (SASK.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:SASK - CA0468241082 - Common Stock
Overall SASK gets a technical rating of 8 out of 10. Although SASK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- SASK is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 80% of 206 stocks in the same industry.
- SASK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SASK is lagging the market slightly.
- In the last month SASK has a been trading in the 0.61 - 0.95 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.
- SASK has an average volume of 1006700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that SASK is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SASK has an excellent technical rating, it does not present a decent entry opportunity 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
0.58
When analyzing the support we can see 3 important areas.
- Support @0.66 from a trend line in the weekly time frame.
- Support @0.62 from a trend line in the daily time frame.
- Support @0.59 from a trend 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 | UP | POSITIVE | The long term trend for SASK.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SASK.CA is up. |
| ChartMill Relative Strength | 74.48 | POSITIVE | SASK.CA has a high relative strength, it outperformed 74.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SASK.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SASK.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SASK.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.07 | NEUTRAL | The RSI value for SASK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SASK.CA has a positive trend. |
| Stochastics (14,3) | 81.18 | OVERBOUGHT | The high Stochastics value suggests SASK.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.32 | HIGH VOLATILITY | The high ATR as a percentage value for SASK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 38.81 | POSITIVE | The high ADX value value for SASK.CA suggests a strong trend. |
TSX-V:SASK (1/27/2026, 7:00:00 PM)
0.93
+0.07 (+8.14%)
ATHA ENERGY CORP / SASK.CA FAQ
What is the technical rating for SASK stock?
ChartMill assigns a technical rating of 8 / 10 to SASK.CA.
What is the trend direction for SASK stock?
The current trend direction for ATHA ENERGY CORP (SASK.CA) is Bullish.
What is the RSI signal for ATHA ENERGY CORP (SASK.CA) stock?
ATHA ENERGY CORP (SASK.CA) has an RSI value of 69.073. This indicates that the stock is currently neutral.
What is the short term momentum for ATHA ENERGY CORP (SASK.CA) stock?
The short term momentum for ATHA ENERGY CORP (SASK.CA) is positive.
What are the support and resistance levels for ATHA ENERGY CORP (SASK.CA) stock?
ATHA ENERGY CORP (SASK.CA) has a support level at 0.66. Check the full technical report for our detailed analysis of SASK.CA support and resistance levels.