SIGNATURE RESOURCES LTD (SGU.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:SGU - CA82670U3082 - Common Stock
We assign a technical rating of 8 out of 10 to SGU. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although SGU has an excellent technical rating, the quality of the presented setup is not ideal 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
0.06
2 important support areas can be observed.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
When analyzing the resistance we notice one important 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 | 84.32 | POSITIVE | SGU.CA has a high relative strength, it outperformed 84.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGU.CA is below a declining 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) | UP | POSITIVE | The current price of SGU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.61 | 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) | 33.33 | NEUTRAL | The Stochastics value for SGU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.79 | HIGH VOLATILITY | The high ATR as a percentage value for SGU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.72 | NEGATIVE | The low ADX value for SGU.CA suggests a weak or negative trend. |
TSX-V:SGU (1/9/2026, 7:00:00 PM)
0.07
+0.01 (+7.69%)
SIGNATURE RESOURCES LTD / SGU.CA FAQ
What is the ChartMill technical rating of SIGNATURE RESOURCES LTD (SGU.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to SGU.CA.
What is the current trend direction of SIGNATURE RESOURCES LTD (SGU.CA) stock?
The current trend direction for SIGNATURE RESOURCES LTD (SGU.CA) is Bullish.
What is the RSI signal for SIGNATURE RESOURCES LTD (SGU.CA) stock?
SIGNATURE RESOURCES LTD (SGU.CA) has an RSI value of 48.6098. This indicates that the stock is currently neutral.
What is the MACD signal for SGU stock?
The MACD indicator for SIGNATURE RESOURCES LTD (SGU.CA) has a value of -0.000905341, indicating a bearish trend.