Secova Metals Corp. (SEK.CA) Technical Analysis
TSX-V:SEK
Current stock price
SEK.CA Technical Rating and Analysis
Taking everything into account, SEK 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, SEK is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SEK is one of the better performing stocks in the market, outperforming 89% of all stocks.
- SEK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SEK is lagging the market slightly.
- In the last month SEK has a been trading in the 0.04 - 0.06 range, which is quite wide. It is currently trading near the high of this range.
SEK.CA Weekly and Daily overview Charts
SEK.CA Setup Rating and Analysis
SEK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for SEK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
SEK.CA Support and Resistance Analysis
0.03
We found 1 important support area.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- Resistance @0.05 from a trend line in the weekly time frame.
SEK.CA Technical Indicator Signal Analysis
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 SEK.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SEK.CA is up. |
| ChartMill Relative Strength | 89.82 | POSITIVE | SEK.CA has a high relative strength, it outperformed 89.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SEK.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SEK.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SEK.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.11 | NEUTRAL | The RSI value for SEK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SEK.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.44 | NEUTRAL | The Stochastics value for SEK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9 | HIGH VOLATILITY | The high ATR as a percentage value for SEK.CA suggests high volalility. |
SEK.CA Chart- and CandleStick Pattern Analysis
SEK.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.06 | 0.03 | 0.03 (41.67%) | 2.40% |
| An entry @0.06. This is a Buy Stop order right above the resistance zone. | An exit @0.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 41.67%. | For a 1.00% total portfolio risk, you can invest 2.40% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SEK.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:SEK (12/30/2019, 9:30:10 AM)
0.05
+0.01 (+11.11%)
Secova Metals Corp. / SEK.CA TA FAQ
What is the ChartMill technical rating of Secova Metals Corp. (SEK.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to SEK.CA.
Can you provide the trend direction for Secova Metals Corp.?
The current trend direction for Secova Metals Corp. (SEK.CA) is Bullish.
What is the RSI signal for Secova Metals Corp. (SEK.CA) stock?
Secova Metals Corp. (SEK.CA) has an RSI value of 58.1141. This indicates that the stock is currently neutral.
What is the short term momentum for Secova Metals Corp. (SEK.CA) stock?
The short term momentum for Secova Metals Corp. (SEK.CA) is positive.
Can you provide the buy/sell signal for Secova Metals Corp.?
The buy/sell signal for Secova Metals Corp. (SEK.CA) is buy as both the short term and long term trends are positive.