SCANDIUM CANADA LTD (SCD.CA) Stock Technical Analysis
TSX-V:SCD - TSX Venture Exchange - CA80600A1030 - Common Stock - Currency: CAD
Taking everything into account, SCD scores 7 out of 10 in our technical rating. Although SCD is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
SCD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.03, a Stop Loss order could be placed below this zone.
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0.01
When analyzing the support we can see 2 important areas.
- 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.
- Support @0.01 from a horizontal 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 SCD.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCD.CA is up. |
| ChartMill Relative Strength | 36.05 | NEUTRAL | SCD.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SCD.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SCD.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.09 | NEUTRAL | The RSI value for SCD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SCD.CA has a negative trend. |
| Stochastics (14,3) | 45 | NEUTRAL | The Stochastics value for SCD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 23.33 | HIGH VOLATILITY | The high ATR as a percentage value for SCD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.7 | POSITIVE | The high ADX value value for SCD.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.05 | 0.02 | 0.03 (66.67%) | 1.50% |
| An entry @0.05. This is a Buy Stop order right above the 10 day high. | An exit @0.02. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 66.67%. | When investing 1.50% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:SCD (8/14/2025, 7:00:00 PM)
0.03
-0.01 (-14.29%)