SCORPIO GOLD CORP (SGN.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:SGN - CA80918M3021 - Common Stock
Overall SGN gets a technical rating of 6 out of 10. In the last year, SGN was one of the better performers, but we do observe some doubts in the very recent evolution.
Although the technical rating is only medium, SGN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.35, a Stop Loss order could be placed below this zone.
More info and screens
0.24
When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.34 from a horizontal line in the daily time frame.
- Support @0.32 from a trend line in the daily time frame.
- Support @0.30 from a horizontal line in the weekly time frame.
- Support @0.24 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.40 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 | UP | POSITIVE | The long term trend for SGN.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SGN.CA is neutral. |
| ChartMill Relative Strength | 92.19 | POSITIVE | SGN.CA has a high relative strength, it outperformed 92.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.58 | NEUTRAL | The RSI value for SGN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SGN.CA has a negative trend. |
| Stochastics (14,3) | 60 | NEUTRAL | The Stochastics value for SGN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.04 | HIGH VOLATILITY | The high ATR as a percentage value for SGN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.61 | NEGATIVE | The low ADX value for SGN.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.40 | 0.34 | 0.06 (15.00%) | 6.67% |
| An entry @0.40. This is a Buy Stop order right above the resistance zone. | An exit @0.34. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.06 points, which is 15.00%. | For a 1.00% total portfolio risk, you can invest 6.67% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:SGN (12/12/2025, 7:00:00 PM)
0.355
+0.01 (+2.9%)
SCORPIO GOLD CORP / SGN.CA FAQ
Can you provide the ChartMill technical rating for SCORPIO GOLD CORP?
ChartMill assigns a technical rating of 6 / 10 to SGN.CA.
Can you provide the trend direction for SCORPIO GOLD CORP?
The current trend direction for SCORPIO GOLD CORP (SGN.CA) is Bullish.
Can you provide the RSI signal for SCORPIO GOLD CORP?
SCORPIO GOLD CORP (SGN.CA) has an RSI value of 49.583. This indicates that the stock is currently neutral.
What are the support and resistance levels for SCORPIO GOLD CORP (SGN.CA) stock?
SCORPIO GOLD CORP (SGN.CA) has a support level at 0.35 and a resistance level at 0.39. Check the full technical report for our detailed analysis of SGN.CA support and resistance levels.