SOLUTION FINANCIAL INC (SFI.CA) Stock Technical Analysis
TSX:SFI - Toronto Stock Exchange - CA83439G2009 - Common Stock - Currency: CAD
Overall SFI gets a technical rating of 2 out of 10. SFI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, SFI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 0.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.28, a Stop Loss order could be placed below this zone.
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0.27
2 important support areas can be observed.
- A support zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.33 from a horizontal 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 SFI.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SFI.CA is up. |
| ChartMill Relative Strength | 37.08 | NEUTRAL | SFI.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SFI.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SFI.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SFI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.08 | NEUTRAL | The RSI value for SFI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SFI.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests SFI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for SFI.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.06 | NEGATIVE | The low ADX value for SFI.CA suggests a weak or negative trend. |
TSX:SFI (6/6/2025, 7:00:00 PM)
0.285
0 (0%)