SILVER BULLET MINES CORP (SBMI.CA) Stock Technical Analysis
TSX-V:SBMI - TSX Venture Exchange - CA8274591087 - Common Stock - Currency: CAD
Taking everything into account, SBMI scores 6 out of 10 in our technical rating. Although SBMI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that SBMI is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by SBMI over the past year are nicely spread over this period.
In the last month SBMI has a been trading in the 0.13 - 0.17 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
SBMI 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 SBMI is lagging the market slightly.
Although the technical rating is only medium, SBMI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.15, a Stop Loss order could be placed below this zone.
More info and screens
0.13
0.19
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.13 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.18 from a trend line in the daily time frame.
- Resistance @0.19 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 | NEUTRAL | NEUTRAL | The long term trend for SBMI.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBMI.CA is neutral. |
| ChartMill Relative Strength | 85.39 | POSITIVE | SBMI.CA has a high relative strength, it outperformed 85.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SBMI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SBMI.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SBMI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.81 | NEUTRAL | The RSI value for SBMI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SBMI.CA has a positive trend. |
| Stochastics (14,3) | 50.79 | NEUTRAL | The Stochastics value for SBMI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.1 | HIGH VOLATILITY | The high ATR as a percentage value for SBMI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.77 | NEGATIVE | The low ADX value for SBMI.CA suggests a weak or negative 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:SBMI (6/18/2025, 7:00:00 PM)
0.155
+0.01 (+3.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.33%
1 Week0%
2 Weeks10.71%
1 Month14.81%
3 Month-16.22%
6 Month29.17%
12 Month82.35%
2 Year3.33%
3 Year-48.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%7.1%
ATR Inc25%
Range Today0.02
ADR(20)0.01
ADR(20)%6.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.39
Mansfield1.23
10 Day High0.17
10 Day Low0.14
20 Day High0.17
20 Day Low0.13
52 Week High0.21
52 Week Low0.07
CS1 End0.15
CR1 Start0.17
Volume & EV
DER(3)0%
DER(5)0%
Volume60.00K
Volume Incr8.5%
Vol(5)77.91K
Vol(50)84.26K