SIGMA LITHIUM CORP (SGML.CA) Stock Technical Analysis
TSX-V:SGML - TSX Venture Exchange - CA8265991023 - Common Stock - Currency: CAD
Taking everything into account, SGML scores 3 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, SGML is a bad performer in the overall market: 93% of all stocks are doing better.
SGML is part of the Metals & Mining industry. There are 794 other stocks in this industry, of which 82% are performing better than SGML.
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.
In the last month SGML has a been trading in the 5.85 - 9.97 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
9.63
15.42
We can see 4 important resistance areas.
- Resistance @13.28 from a trend line in the weekly time frame.
- Resistance @13.94 from a trend line in the weekly time frame.
- Resistance @14.27 from a trend line in the daily time frame.
- Resistance @15.27 from a trend 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 | 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 | 7.36 | NEGATIVE | SGML.CA has a low relative strength, it was outperformed by 92.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGML.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SGML.CA is above a declining 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) | 71.97 | OVERBOUGHT | The high RSI value suggests SGML.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests SGML.CA has a positive trend. |
| Stochastics (14,3) | 88.78 | OVERBOUGHT | The high Stochastics value suggests SGML.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.37 | HIGH VOLATILITY | The high ATR as a percentage value for SGML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.29 | POSITIVE | The high ADX value value for SGML.CA suggests a strong 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 (7/22/2025, 7:00:00 PM)
9.73
+0.52 (+5.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg5.65%
1 Week16.81%
2 Weeks26.36%
1 Month53.71%
3 Month-14.8%
6 Month-39.53%
12 Month-38.77%
2 Year-81.12%
3 Year-56.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%6.37%
ATR Inc4.56%
Range Today0.66
ADR(20)0.58
ADR(20)%6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.36
Mansfield-3.57
10 Day High9.97
10 Day Low7.07
20 Day High9.97
20 Day Low5.85
52 Week High21.5
52 Week Low5.85
CS1 EndN/A
CR1 Start13.28
Volume & EV
DER(3)-0.59%
DER(5)4.27%
Volume37.93K
Volume Incr-1.1%
Vol(5)74.12K
Vol(50)61.73K