SONORO GOLD CORP (SGO.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:SGO - CA83571A1021 - Common Stock
Overall SGO gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SGO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, SGO did better than 92% of all other stocks. We also observe that the gains produced by SGO over the past year are nicely spread over this period.
- SGO is one of the better performing stocks in the Metals & Mining industry, it outperforms 80% of 820 stocks in the same industry.
- SGO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SGO has a been trading in the 0.24 - 0.34 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SGO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for SGO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.20
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.23 from a trend line in the daily time frame.
- A support zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines 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 SGO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGO.CA is up. |
| ChartMill Relative Strength | 92.89 | POSITIVE | SGO.CA has a high relative strength, it outperformed 92.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.41 | NEUTRAL | The RSI value for SGO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SGO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.76 | NEUTRAL | The Stochastics value for SGO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.34 | HIGH VOLATILITY | The high ATR as a percentage value for SGO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.32 | POSITIVE | The high ADX value value for SGO.CA suggests a strong 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 |
|---|---|---|---|
| 0.33 | 0.26 | 0.07 (21.21%) | 4.71% |
| An entry @0.33. This is a Buy Stop order right above the 10 day high. | An exit @0.26. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 21.21%. | When investing 4.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:SGO (1/23/2026, 7:00:00 PM)
0.32
+0.01 (+3.23%)
SONORO GOLD CORP / SGO.CA FAQ
What is the technical rating for SGO stock?
ChartMill assigns a technical rating of 10 / 10 to SGO.CA.
What is the trend direction for SGO stock?
The current trend direction for SONORO GOLD CORP (SGO.CA) is Bullish.
What is the RSI signal for SGO stock?
SONORO GOLD CORP (SGO.CA) has an RSI value of 66.411. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SONORO GOLD CORP?
The MACD indicator for SONORO GOLD CORP (SGO.CA) has a value of -0.000974819, indicating a bearish trend.
Can you provide the support and resistance levels for SONORO GOLD CORP?
SONORO GOLD CORP (SGO.CA) has a support level at 0.28. Check the full technical report for our detailed analysis of SGO.CA support and resistance levels.