ATHA ENERGY CORP (SASK.CA) Stock Technical Analysis
TSX-V:SASK - TSX Venture Exchange - CA0468241082 - Common Stock - Currency: CAD
Overall SASK gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SASK is only an average performer.
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 82% of 212 stocks in the same industry.
In the last month SASK has a been trading in the 0.38 - 0.70 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.
Looking at the yearly performance, SASK did better than 76% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
SASK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SASK is lagging the market slightly.
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 offer a high 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
0.37
0.79
We found 3 important support areas.
- Support @0.40 from a trend line in the daily time frame.
- Support @0.38 from a horizontal line in the weekly time frame.
- Support @0.37 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.66 to 0.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.78 from a horizontal 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 SASK.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SASK.CA is up. |
| ChartMill Relative Strength | 76.22 | POSITIVE | SASK.CA has a high relative strength, it outperformed 76.22% 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) | 67.12 | NEUTRAL | The RSI value for SASK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SASK.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.06 | NEUTRAL | The Stochastics value for SASK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.81 | HIGH VOLATILITY | The high ATR as a percentage value for SASK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 46.84 | POSITIVE | The high ADX value value for SASK.CA suggests a strong 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:SASK (6/20/2025, 7:00:00 PM)
0.65
+0.03 (+4.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg4.84%
1 Week20.37%
2 Weeks22.64%
1 Month73.33%
3 Month44.44%
6 Month1.56%
12 Month-8.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%7.81%
ATR Inc2.8%
Range Today0.04
ADR(20)0.05
ADR(20)%7.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.22
Mansfield1.03
10 Day High0.7
10 Day Low0.5
20 Day High0.7
20 Day Low0.38
52 Week High0.81
52 Week Low0.33
CS1 End0.4
CR1 Start0.66
Volume & EV
DER(3)0%
DER(5)0%
Volume1.74M
Volume Incr96.85%
Vol(5)827.16K
Vol(50)321.87K