SKEENA RESOURCES LTD (SKE.CA) Stock Technical Analysis
TSX:SKE - Toronto Stock Exchange - CA83056P7157 - Common Stock - Currency: CAD
Taking everything into account, SKE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SKE is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SKE did better than 97% of all other stocks. On top of that, SKE also shows a nice and consistent pattern of rising prices.
SKE is one of the better performing stocks in the Metals & Mining industry, it outperforms 93% of 807 stocks in the same industry.
SKE is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SKE is leading the market.
In the last month SKE has a been trading in the 15.26 - 20.72 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.
Although SKE has an excellent technical rating, it does not present a decent entry opportunity 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
12.37
19.68
6 important support areas can be observed.
- A support zone ranging from 17.48 to 17.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.85 from a horizontal line in the daily time frame.
- Support @14.13 from a trend line in the weekly time frame.
- Support @13.44 from a trend line in the weekly time frame.
- Support @13.01 from a trend line in the daily time frame.
- Support @12.49 from a horizontal 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 | UP | POSITIVE | The long term trend for SKE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SKE.CA is up. |
| ChartMill Relative Strength | 97.12 | POSITIVE | SKE.CA has a high relative strength, it outperformed 97.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SKE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SKE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.22 | NEUTRAL | The RSI value for SKE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests SKE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.74 | OVERBOUGHT | The high Stochastics value suggests SKE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for SKE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.82 | NEUTRAL | The ADX value for SKE.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:SKE (6/6/2025, 7:00:00 PM)
19.49
-0.86 (-4.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-4.23%
1 Week10.86%
2 Weeks15.67%
1 Month13.91%
3 Month40.12%
6 Month48.78%
12 Month229.22%
2 Year205.01%
3 Year186.62%
5 Year151.16%
10 Year649.62%
15 Year94.9%
Volatility
ATR(14)0.79
ATR(20)%4.11%
ATR Inc32.55%
Range Today1.01
ADR(20)0.73
ADR(20)%3.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.12
Mansfield4.49
10 Day High20.72
10 Day Low16.46
20 Day High20.72
20 Day Low15.26
52 Week High20.72
52 Week Low5.61
CS1 End17.63
CR1 StartN/A
Volume & EV
DER(3)0.36%
DER(5)2.74%
Volume148.60K
Volume Incr-1.3%
Vol(5)277.40K
Vol(50)280.46K