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 10 out of 10. Both in the recent history as in the last year, SKE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SKE did better than 96% of all other stocks. We also observe that the gains produced by SKE over the past year are nicely spread over this period.
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.
SKE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
SKE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.37
20.20
When analyzing the support we can see 6 important areas.
- Support @18.99 from a horizontal line in the daily time frame.
- A support zone ranging from 18.28 to 18.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @14.29 from a trend line in the weekly time frame.
- Support @13.52 from a trend line in the weekly time frame.
- Support @13.09 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 | 96.97 | POSITIVE | SKE.CA has a high relative strength, it outperformed 96.97% 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) | 64.61 | NEUTRAL | The RSI value for SKE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SKE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.36 | NEUTRAL | The Stochastics value for SKE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for SKE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.07 | 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)
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 |
|---|---|---|---|
| 20.73 | 18.98 | 1.75 (8.44%) | 11.85% |
| An entry @20.73. This is a Buy Stop order right above the 10 day high. | An exit @18.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.75 points, which is 8.44%. | For a 1.00% total portfolio risk, you can invest 11.85% 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:SKE (6/13/2025, 7:00:00 PM)
20
+0.39 (+1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.99%
1 Week2.62%
2 Weeks13.77%
1 Month24.15%
3 Month36.89%
6 Month53.26%
12 Month223.63%
2 Year212.99%
3 Year194.12%
5 Year157.73%
10 Year669.23%
15 Year100%
Volatility
ATR(14)0.75
ATR(20)%3.79%
ATR Inc-9.74%
Range Today0.43
ADR(20)0.7
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.97
Mansfield4.65
10 Day High20.72
10 Day Low17.93
20 Day High20.72
20 Day Low15.38
52 Week High20.72
52 Week Low5.61
CS1 End18.99
CR1 StartN/A
Volume & EV
DER(3)-0.1%
DER(5)-2.58%
Volume168.59K
Volume Incr-57.43%
Vol(5)123.49K
Vol(50)269.51K