SIGMA LITHIUM CORP (SGML.CA) Stock Technical Analysis
TSX-V:SGML - TSX Venture Exchange - CA8265991023 - Common Stock - Currency: CAD
Overall SGML gets a technical rating of 0 out of 10. SGML'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SGML is a bad performer in the overall market: 98% of all stocks are doing better.
SGML is one of the lesser performing stocks in the Metals & Mining industry. 91% of 801 stocks in the same industry do better.
SGML is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SGML is lagging the market.
In the last month SGML has a been trading in the 7.25 - 11.94 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: SGML has an average volume of 16811 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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
8.00
19.21
We can see 6 important resistance areas.
- Resistance @9.70 from a trend line in the daily time frame.
- Resistance @10.31 from a trend line in the daily time frame.
- Resistance @14.91 from a trend line in the weekly time frame.
- Resistance @16.04 from a trend line in the weekly time frame.
- Resistance @17.45 from a horizontal line in the daily time frame.
- Resistance @19.02 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 | DOWN | NEGATIVE | The long term trend for SGML.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGML.CA is down. |
| ChartMill Relative Strength | 2.4 | NEGATIVE | SGML.CA has a low relative strength, it was outperformed by 97.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGML.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGML.CA is below 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) | 33.16 | NEUTRAL | The RSI value for SGML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests SGML.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.38 | OVERSOLD | The low Stochastics value suggests SGML.CA may be oversold. |
| Average True Range in percent/ATR (20) | 8.31 | HIGH VOLATILITY | The high ATR as a percentage value for SGML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.83 | 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 (5/23/2025, 7:00:00 PM)
8.08
-0.17 (-2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.06%
1 Week-16.44%
2 Weeks-21.71%
1 Month-29.12%
3 Month-50.88%
6 Month-58.41%
12 Month-63.75%
2 Year-84.19%
3 Year-61.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%8.31%
ATR Inc13.22%
Range Today0.64
ADR(20)0.61
ADR(20)%7.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.4
Mansfield-4.94
10 Day High11.09
10 Day Low7.25
20 Day High11.94
20 Day Low7.25
52 Week High23.5
52 Week Low7.25
CS1 EndN/A
CR1 Start9.7
Volume & EV
DER(3)1.19%
DER(5)-0.52%
Volume23.84K
Volume Incr428.83%
Vol(5)62.41K
Vol(50)16.81K