STRIKEPOINT GOLD INC (SKP.CA) Stock Technical Analysis
TSX-V:SKP - TSX Venture Exchange - CA86332K4000 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to SKP. SKP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SKP is a bad performer in the overall market: 98% of all stocks are doing better.
SKP is one of the lesser performing stocks in the Metals & Mining industry. 91% of 811 stocks in the same industry do better.
SKP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SKP is lagging the market.
In the last month SKP has a been trading in the 0.10 - 0.14 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.
The technical rating of SKP is bad and it also does not present a quality setup 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
0.11
0.12
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for SKP.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SKP.CA is down. |
| ChartMill Relative Strength | 2.67 | NEGATIVE | SKP.CA has a low relative strength, it was outperformed by 97.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SKP.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SKP.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SKP.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.4 | NEUTRAL | The RSI value for SKP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SKP.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.56 | OVERSOLD | The low Stochastics value suggests SKP.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.23 | HIGH VOLATILITY | The high ATR as a percentage value for SKP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.66 | POSITIVE | The high ADX value value for SKP.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-V:SKP (6/20/2025, 7:00:00 PM)
0.11
+0.01 (+4.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.76%
1 Week-8.33%
2 Weeks-15.38%
1 Month-12%
3 Month-33.33%
6 Month-37.14%
12 Month-68.57%
2 Year-80%
3 Year-81.67%
5 Year-89%
10 Year-96.33%
15 Year-99.74%
Volatility
ATR(14)0.01
ATR(20)%5.23%
ATR Inc31.25%
Range Today0
ADR(20)0
ADR(20)%3.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.67
Mansfield-4.77
10 Day High0.14
10 Day Low0.11
20 Day High0.14
20 Day Low0.11
52 Week High0.37
52 Week Low0.11
CS1 EndN/A
CR1 Start0.12
Volume & EV
DER(3)0%
DER(5)0%
Volume16.00K
Volume Incr-19.46%
Vol(5)22.70K
Vol(50)30.65K