SOUTHGOBI RESOURCES LTD (SGQ.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:SGQ - CA8443751059 - Common Stock
Overall SGQ gets a technical rating of 0 out of 10. SGQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of SGQ 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
0.33
When analyzing the resistance we notice 2 important areas.
- Resistance @0.46 from a trend line in the daily time frame.
- Resistance @0.48 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 SGQ.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGQ.CA is down. |
| ChartMill Relative Strength | 6 | NEGATIVE | SGQ.CA has a low relative strength, it was outperformed by 94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGQ.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGQ.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SGQ.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.17 | NEUTRAL | The RSI value for SGQ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SGQ.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.06 | NEUTRAL | The Stochastics value for SGQ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.03 | HIGH VOLATILITY | The high ATR as a percentage value for SGQ.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.52 | NEUTRAL | The ADX value for SGQ.CA suggests a possible start of a new trend. |
TSX:SGQ (11/28/2025, 7:00:00 PM)
0.33
0 (0%)
SOUTHGOBI RESOURCES LTD / SGQ.CA FAQ
What is the ChartMill technical rating of SOUTHGOBI RESOURCES LTD (SGQ.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to SGQ.CA.
What is the trend direction for SGQ stock?
The current trend direction for SOUTHGOBI RESOURCES LTD (SGQ.CA) is Bearish.
Can you provide the RSI signal for SOUTHGOBI RESOURCES LTD?
SOUTHGOBI RESOURCES LTD (SGQ.CA) has an RSI value of 44.1739. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SOUTHGOBI RESOURCES LTD?
The buy/sell signal for SOUTHGOBI RESOURCES LTD (SGQ.CA) is sell as both the short term and long term trends are negative.
What is the support and resistance level for SGQ stock?
SOUTHGOBI RESOURCES LTD (SGQ.CA) has a resistance level at 0.46. Check the full technical report for our detailed analysis of SGQ.CA support and resistance levels.