SABRE GOLD MINES CORP (SGLD.CA) Stock Technical Analysis
TSX:SGLD - Toronto Stock Exchange - CA78573W2013 - Common Stock - Currency: CAD
Overall SGLD gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SGLD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SGLD is one of the better performing stocks in the market, outperforming 92% of all stocks.
SGLD is one of the better performing stocks in the Metals & Mining industry, it outperforms 81% of 807 stocks in the same industry.
SGLD is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SGLD is leading the market.
In the last month SGLD has a been trading in the 0.17 - 0.24 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although SGLD 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
0.19
0.24
When analyzing the support we notice one important area.
- A support zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.24 from a horizontal line in the daily 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 SGLD.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGLD.CA is up. |
| ChartMill Relative Strength | 92.51 | POSITIVE | SGLD.CA has a high relative strength, it outperformed 92.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGLD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGLD.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGLD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.71 | NEUTRAL | The RSI value for SGLD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SGLD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.74 | OVERBOUGHT | The high Stochastics value suggests SGLD.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.89 | MEDIUM VOLATILITY | The ATR as a percentage value for SGLD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.43 | NEUTRAL | The ADX value for SGLD.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:SGLD (2/7/2025, 7:00:00 PM)
0.22
-0.01 (-6.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-6.38%
1 Week4.76%
2 Weeks10%
1 Month18.92%
3 Month2.33%
6 Month131.58%
12 Month131.58%
2 Year-2.22%
3 Year-66.15%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%4.89%
ATR Inc16.67%
Range Today0.02
ADR(20)0.01
ADR(20)%4.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.51
Mansfield4.68
10 Day High0.24
10 Day Low0.2
20 Day High0.24
20 Day Low0.17
52 Week High0.25
52 Week Low0.08
CS1 End0.19
CR1 Start0.24
Volume & EV
DER(3)-18.48%
DER(5)-8.14%
Volume27.50K
Volume Incr12.75%
Vol(5)100.03K
Vol(50)64.97K