SIGNATURE RESOURCES LTD (SGU.CA) Stock Technical Analysis
TSX-V:SGU - TSX Venture Exchange - CA82670U3082 - Common Stock - Currency: CAD
Overall SGU gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SGU is only an average performer.
SGU has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.06, a Stop Loss order could be placed below this zone.
More info and screens
0.06
We found 1 important support area.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SGU.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SGU.CA is neutral. |
| ChartMill Relative Strength | 67.84 | NEUTRAL | SGU.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SGU.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SGU.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.63 | NEUTRAL | The RSI value for SGU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SGU.CA has a negative trend. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for SGU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.29 | HIGH VOLATILITY | The high ATR as a percentage value for SGU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 9.96 | NEGATIVE | The low ADX value for SGU.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 |
|---|---|---|---|
| 0.08 | 0.06 | 0.03 (34.13%) | 2.93% |
| An entry @0.08. This is a Buy Stop order right above the 10 day moving average. | An exit @0.06. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 34.13%. | For a 1.00% total portfolio risk, you can invest 2.93% 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:SGU (7/11/2025, 7:00:00 PM)
0.07
+0.01 (+7.69%)