SEARCHLIGHT RESOURCES INC (SCLT.CA) Technical Analysis
TSX-V:SCLT • CA81222L2049
Taking everything into account, SCLT scores 4 out of 10 in our technical rating. SCLT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month SCLT has a been trading in the 0.10 - 0.14 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, SCLT did better than 79% of all other stocks. On top of that, SCLT also shows a nice and consistent pattern of rising prices.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- SCLT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SCLT is lagging the market.
- Volume is considerably higher in the last couple of days.
SCLT has an average technical rating and also the quality of the setup is only medium 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
0.05
We found 3 important support areas.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.09 from a trend line in the weekly time frame.
- Support @0.05 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- 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.
- Resistance @0.14 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 SCLT.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SCLT.CA is down. |
| ChartMill Relative Strength | 79.68 | POSITIVE | SCLT.CA has a high relative strength, it outperformed 79.68% 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) | DOWN | NEGATIVE | The current price of SCLT.CA is below a declining 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) | 47.12 | NEUTRAL | The RSI value for SCLT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SCLT.CA has a positive trend. |
| Stochastics (14,3) | 38.1 | NEUTRAL | The Stochastics value for SCLT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.23 | HIGH VOLATILITY | The high ATR as a percentage value for SCLT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.51 | NEGATIVE | The low ADX value for SCLT.CA suggests a weak or negative trend. |
SCLT.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:SCLT (3/4/2026, 7:00:00 PM)
0.11
+0.01 (+10%)
SEARCHLIGHT RESOURCES INC / SCLT.CA FAQ
Can you provide the ChartMill technical rating for SEARCHLIGHT RESOURCES INC?
ChartMill assigns a technical rating of 4 / 10 to SCLT.CA.
Can you provide the trend direction for SEARCHLIGHT RESOURCES INC?
The current trend direction for SEARCHLIGHT RESOURCES INC (SCLT.CA) is Bearish.
What is the RSI signal for SEARCHLIGHT RESOURCES INC (SCLT.CA) stock?
SEARCHLIGHT RESOURCES INC (SCLT.CA) has an RSI value of 47.1238. This indicates that the stock is currently neutral.
What is the short term momentum for SEARCHLIGHT RESOURCES INC (SCLT.CA) stock?
The short term momentum for SEARCHLIGHT RESOURCES INC (SCLT.CA) is negative.