SEARCHLIGHT RESOURCES INC (SCLT.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:SCLT - CA81222L2049 - Common Stock
We assign a technical rating of 9 out of 10 to SCLT. In the last year, SCLT was one of the better performers, but we do observe some doubts in the very recent evolution.
Although SCLT has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.05
3 important support areas can be observed.
- Support @0.09 from a trend line in the daily time frame.
- Support @0.08 from a trend line in the weekly time frame.
- Support @0.05 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.12 to 0.12. 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 SCLT.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SCLT.CA is neutral. |
| ChartMill Relative Strength | 87.48 | POSITIVE | SCLT.CA has a high relative strength, it outperformed 87.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SCLT.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SCLT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SCLT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.21 | NEUTRAL | The RSI value for SCLT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SCLT.CA has a negative trend. |
| Stochastics (14,3) | 26.85 | NEUTRAL | The Stochastics value for SCLT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.32 | HIGH VOLATILITY | The high ATR as a percentage value for SCLT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.74 | NEUTRAL | The ADX value for SCLT.CA suggests a possible start of a new trend. |
TSX-V:SCLT (12/22/2025, 7:00:00 PM)
0.11
-0.01 (-8.33%)
SEARCHLIGHT RESOURCES INC / SCLT.CA FAQ
Can you provide the ChartMill technical rating for SEARCHLIGHT RESOURCES INC?
ChartMill assigns a technical rating of 9 / 10 to SCLT.CA.
What is the current trend direction of SEARCHLIGHT RESOURCES INC (SCLT.CA) stock?
The current trend direction for SEARCHLIGHT RESOURCES INC (SCLT.CA) is Bullish.
What is the RSI signal for SEARCHLIGHT RESOURCES INC (SCLT.CA) stock?
SEARCHLIGHT RESOURCES INC (SCLT.CA) has an RSI value of 44.2057. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SEARCHLIGHT RESOURCES INC?
The short term momentum for SEARCHLIGHT RESOURCES INC (SCLT.CA) is neutral.