SIGMA LITHIUM CORP (SGML.CA) Stock Technical Analysis
TSX-V:SGML - TSX Venture Exchange - CA8265991023 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to SGML. In the past year, SGML was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
87% of all other stocks performed better in the past year than SGML.
SGML is one of the lesser performing stocks in the Metals & Mining industry. 73% of 806 stocks in the same industry do better.
SGML is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month SGML has a been trading in the 6.78 - 10.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of SGML is bad and it also does not present a quality setup 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
7.09
13.70
When analyzing the support we notice one important area.
- Support @7.16 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @9.30 from a trend line in the daily time frame.
- A resistance zone ranging from 9.73 to 9.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.56 from a trend line in the weekly time frame.
- A resistance zone ranging from 13.35 to 13.56. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for SGML.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGML.CA is up. |
| ChartMill Relative Strength | 13.53 | NEGATIVE | SGML.CA has a low relative strength, it was outperformed by 86.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SGML.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGML.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SGML.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.41 | NEUTRAL | The RSI value for SGML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SGML.CA has a positive trend. |
| Stochastics (14,3) | 62.57 | NEUTRAL | The Stochastics value for SGML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.19 | HIGH VOLATILITY | The high ATR as a percentage value for SGML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.71 | NEUTRAL | The ADX value for SGML.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-V:SGML (8/19/2025, 7:00:00 PM)
9
+0.09 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.01%
1 Week4.77%
2 Weeks28.57%
1 Month-2.28%
3 Month11.39%
6 Month-45.29%
12 Month-38.02%
2 Year-78.38%
3 Year-70.17%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%9.19%
ATR Inc-12.76%
Range Today0.72
ADR(20)0.74
ADR(20)%8.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.53
Mansfield-3.92
10 Day High10.2
10 Day Low6.8
20 Day High10.33
20 Day Low6.78
52 Week High21.5
52 Week Low5.85
CS1 End7.16
CR1 Start9.3
Volume & EV
DER(3)7.29%
DER(5)-3.5%
Volume50.71K
Volume Incr52.31%
Vol(5)107.69K
Vol(50)74.11K