SEARCHLIGHT RESOURCES INC (SCLT.CA) Stock Technical Analysis
Canada - TSX-V:SCLT - CA81222L1058 - Common Stock
Taking everything into account, SCLT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SCLT is showing a nice and steady performance.
Although SCLT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.05
We found 3 important support areas.
- Support @0.07 from a trend line in the daily time frame.
- Support @0.06 from a trend line in the weekly time frame.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for SCLT.CA is up. |
| ChartMill Relative Strength | 93.46 | POSITIVE | SCLT.CA has a high relative strength, it outperformed 93.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCLT.CA is above the rising 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) | 63.21 | 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) | 88.89 | OVERBOUGHT | The high Stochastics value suggests SCLT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 8.8 | HIGH VOLATILITY | The high ATR as a percentage value for SCLT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.23 | NEGATIVE | The low ADX value for SCLT.CA suggests a weak or negative trend. |
TSX-V:SCLT (11/7/2025, 7:00:00 PM)
0.125
+0.01 (+4.17%)
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 63.2128. 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 positive.
Can you provide the buy/sell signal for SEARCHLIGHT RESOURCES INC?
The buy/sell signal for SEARCHLIGHT RESOURCES INC (SCLT.CA) is buy as both the short term and long term trends are positive.