SKEENA RESOURCES LTD (SKE.CA) Stock Technical Analysis
TSX:SKE - Toronto Stock Exchange - CA83056P7157 - Common Stock - Currency: CAD
Overall SKE gets a technical rating of 8 out of 10. In the last year, SKE was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month SKE has a been trading in the 19.14 - 23.62 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that SKE is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by SKE over the past year are nicely spread over this period.
SKE is part of the Metals & Mining industry. There are 806 other stocks in this industry. SKE outperforms 82% of them.
SKE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SKE is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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
19.70
When analyzing the support we can see 5 important areas.
- A support zone ranging from 19.33 to 19.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.39 from a trend line in the weekly time frame.
- Support @14.09 from a trend line in the weekly time frame.
- Support @13.68 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 | DOWN | NEGATIVE | The short term trend for SKE.CA is down. |
| ChartMill Relative Strength | 92.73 | POSITIVE | SKE.CA has a high relative strength, it outperformed 92.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SKE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SKE.CA is below 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) | 37.1 | NEUTRAL | The RSI value for SKE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests SKE.CA has a negative trend. |
| Stochastics (14,3) | 10.48 | OVERSOLD | The low Stochastics value suggests SKE.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for SKE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.55 | POSITIVE | The high ADX value value for SKE.CA suggests a strong 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 (7/31/2025, 7:00:00 PM)
19.5
+0.17 (+0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.88%
1 Week-11.12%
2 Weeks-12.56%
1 Month-8.49%
3 Month25.64%
6 Month36.46%
12 Month125.69%
2 Year186.34%
3 Year176.6%
5 Year75.99%
10 Year387.5%
15 Year95%
Volatility
ATR(14)0.91
ATR(20)%4.82%
ATR Inc16.29%
Range Today0.68
ADR(20)0.86
ADR(20)%4.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.73
Mansfield1.99
10 Day High23.62
10 Day Low19.14
20 Day High23.62
20 Day Low19.14
52 Week High23.62
52 Week Low7.74
CS1 End19.49
CR1 StartN/A
Volume & EV
DER(3)-6.4%
DER(5)-4.31%
Volume444.50K
Volume Incr154.58%
Vol(5)679.29K
Vol(50)292.25K