SOLARIS RESOURCES INC (SLS.CA) Stock Technical Analysis
TSX:SLS • CA83419D2014
Overall SLS gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SLS is showing a nice and steady performance.
- In the last month SLS has a been trading in the 12.15 - 15.47 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 long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that SLS is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by SLS over the past year are nicely spread over this period.
- SLS 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 SLS is lagging the market slightly.
- SLS is an average performer in the Metals & Mining industry, it outperforms 63% of 800 stocks in the same industry.
Besides having an excellent technical rating, SLS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
6.44
We found 2 important support areas.
- Support @12.29 from a trend line in the daily time frame.
- Support @6.51 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @12.79 from a trend line in the daily time frame.
- A resistance zone ranging from 13.43 to 13.73. 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 | UP | POSITIVE | The long term trend for SLS.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLS.CA is neutral. |
| ChartMill Relative Strength | 86.98 | POSITIVE | SLS.CA has a high relative strength, it outperformed 86.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SLS.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLS.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLS.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.89 | NEUTRAL | The RSI value for SLS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests SLS.CA has a negative trend. |
| Stochastics (14,3) | 26.26 | NEUTRAL | The Stochastics value for SLS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.81 | HIGH VOLATILITY | The high ATR as a percentage value for SLS.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 35.58 | POSITIVE | The high ADX value value for SLS.CA 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 |
|---|---|---|---|
| 12.80 | 12.30 | 0.50 (3.91%) | 25.00% |
| An entry @12.80. This is a Buy Stop order right above the resistance zone. | An exit @12.30. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.50 points, which is 3.91%. | For a 0.98% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SLS. 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.
TSX:SLS (2/17/2026, 7:00:00 PM)
12.72
-0.54 (-4.07%)
SOLARIS RESOURCES INC / SLS.CA FAQ
What is the technical rating for SLS stock?
ChartMill assigns a technical rating of 10 / 10 to SLS.CA.
Can you provide the trend direction for SOLARIS RESOURCES INC?
The current trend direction for SOLARIS RESOURCES INC (SLS.CA) is Bullish.
What is the RSI signal for SOLARIS RESOURCES INC (SLS.CA) stock?
SOLARIS RESOURCES INC (SLS.CA) has an RSI value of 47.8895. This indicates that the stock is currently neutral.
What is the MACD signal for SLS stock?
The MACD indicator for SOLARIS RESOURCES INC (SLS.CA) has a value of -0.163478, indicating a bearish trend.
What are the support and resistance levels for SOLARIS RESOURCES INC (SLS.CA) stock?
SOLARIS RESOURCES INC (SLS.CA) has a support level at 12.29 and a resistance level at 12.79. Check the full technical report for our detailed analysis of SLS.CA support and resistance levels.