SPROTT INC (SII) Stock Technical Analysis
NYSE:SII • CA8520662088
Overall SII gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SII has proven to be a steady performer, scoring decent points in every aspect analyzed.
- In the last month SII has a been trading in the 114.44 - 143.00 range, which is quite wide. It is currently trading near the lows of this range.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, SII did better than 97% of all other stocks. We also observe that the gains produced by SII over the past year are nicely spread over this period.
- SII is part of the Capital Markets industry. There are 238 other stocks in this industry. SII outperforms 99% of them.
- SII is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SII is lagging the market slightly.
Besides having an excellent technical rating, SII also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 120.46, a Stop Loss order could be placed below this zone.
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95.15
When analyzing the support we can see 3 important areas.
- A support zone ranging from 117.25 to 120.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @114.51 from a horizontal line in the daily time frame.
- A support zone ranging from 96.11 to 97.00. 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 SII is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SII is up. |
| ChartMill Relative Strength | 97.67 | POSITIVE | SII has a high relative strength, it outperformed 97.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SII is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SII is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SII is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.47 | NEUTRAL | The RSI value for SII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.5 | NEGATIVE | The MACD value suggests SII has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.23 | NEUTRAL | The Stochastics value for SII is a neutral value. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for SII suggests high volalility. |
| Average Directional Index/ADX (14) | 25.64 | POSITIVE | The high ADX value value for SII 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 |
|---|---|---|---|
| 125.72 | 117.24 | 8.48 (6.74%) | 14.83% |
| An entry @125.72. This is a Buy Stop order right above the 10 day high. | An exit @117.24. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 8.48 points, which is 6.74%. | When investing 14.83% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SII. Please evaluate whether better entry and exit points can be found.
- 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.
123.18
+4.91 (+4.15%)
SPROTT INC / SII FAQ
What is the ChartMill technical rating of SPROTT INC (SII) stock?
ChartMill assigns a technical rating of 10 / 10 to SII.
What is the current trend direction of SPROTT INC (SII) stock?
The current trend direction for SPROTT INC (SII) is Bullish.
What is the RSI signal for SPROTT INC (SII) stock?
SPROTT INC (SII) has an RSI value of 55.4684. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SPROTT INC?
The short term momentum for SPROTT INC (SII) is positive.
What are the support and resistance levels for SPROTT INC (SII) stock?
SPROTT INC (SII) has a support level at 120.46. Check the full technical report for our detailed analysis of SII support and resistance levels.