SCOTTIE RESOURCES CORP (SCOT.CA) Stock Technical Analysis
TSX-V:SCOT • CA81012R5024
Taking everything into account, SCOT scores 10 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, SCOT is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, SCOT did better than 92% of all other stocks. On top of that, SCOT also shows a nice and consistent pattern of rising prices.
- SCOT is one of the better performing stocks in the Metals & Mining industry, it outperforms 77% of 804 stocks in the same industry.
- SCOT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SCOT has a been trading in the 1.76 - 3.23 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SCOT has an excellent technical rating, it does not present a decent entry opportunity 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
1.68
4 important support areas can be observed.
- Support @1.97 from a trend line in the daily time frame.
- Support @1.84 from a trend line in the daily time frame.
- Support @1.78 from a trend line in the weekly time frame.
- Support @1.70 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 | UP | POSITIVE | The long term trend for SCOT.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SCOT.CA is up. |
| ChartMill Relative Strength | 92.37 | POSITIVE | SCOT.CA has a high relative strength, it outperformed 92.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCOT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SCOT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SCOT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.85 | OVERBOUGHT | The high RSI value suggests SCOT.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SCOT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.68 | OVERBOUGHT | The high Stochastics value suggests SCOT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.83 | HIGH VOLATILITY | The high ATR as a percentage value for SCOT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 46.56 | POSITIVE | The high ADX value value for SCOT.CA suggests a strong trend. |
TSX-V:SCOT (2/27/2026, 7:00:00 PM)
3.08
-0.06 (-1.91%)
SCOTTIE RESOURCES CORP / SCOT.CA FAQ
What is the ChartMill technical rating of SCOTTIE RESOURCES CORP (SCOT.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to SCOT.CA.
What is the trend direction for SCOT stock?
The current trend direction for SCOTTIE RESOURCES CORP (SCOT.CA) is Bullish.
Can you provide the RSI signal for SCOTTIE RESOURCES CORP?
SCOTTIE RESOURCES CORP (SCOT.CA) has an RSI value of 71.8544. This indicates that the stock is currently overbought.
What is the short term momentum for SCOT stock?
The short term momentum for SCOTTIE RESOURCES CORP (SCOT.CA) is positive.
Can you provide the buy/sell signal for SCOTTIE RESOURCES CORP?
The buy/sell signal for SCOTTIE RESOURCES CORP (SCOT.CA) is buy as both the short term and long term trends are positive.