SEARCHLIGHT RESOURCES INC (SCLT.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:SCLT - CA81222L2049 - Common Stock
Overall SCLT gets a technical rating of 10 out of 10. 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, the quality of the presented setup is not ideal 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 4 important support areas.
- A support zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.10 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 0.13 to 0.13. 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 | 90.11 | POSITIVE | SCLT.CA has a high relative strength, it outperformed 90.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SCLT.CA is below 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) | 50 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 11.11 | OVERSOLD | The low Stochastics value suggests SCLT.CA may be oversold. |
| Average True Range in percent/ATR (20) | 8.75 | HIGH VOLATILITY | The high ATR as a percentage value for SCLT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.64 | NEUTRAL | The ADX value for SCLT.CA suggests a possible start of a new trend. |
TSX-V:SCLT (12/30/2025, 7:00:00 PM)
0.12
+0.02 (+14.29%)
SEARCHLIGHT RESOURCES INC / SCLT.CA FAQ
Can you provide the ChartMill technical rating for SEARCHLIGHT RESOURCES INC?
ChartMill assigns a technical rating of 10 / 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 50.0013. 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.