SOLARIS RESOURCES INC (SLS.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:SLS - CA83419D2014 - Common Stock
Taking everything into account, SLS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SLS has proven to be a steady performer, scoring decent points in every aspect analyzed.
SLS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 10.92. Right above this resistance zone may be a good entry point.
More info and screens
5.72
We found 5 important support areas.
- Support @10.26 from a horizontal line in the daily time frame.
- Support @8.78 from a trend line in the daily time frame.
- Support @8.36 from a trend line in the daily time frame.
- Support @6.05 from a trend line in the weekly time frame.
- Support @5.78 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.92 to 11.01. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for SLS.CA is up. |
| ChartMill Relative Strength | 89.65 | POSITIVE | SLS.CA has a high relative strength, it outperformed 89.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLS.CA is above 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) | 56.06 | NEUTRAL | The RSI value for SLS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SLS.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.43 | NEUTRAL | The Stochastics value for SLS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for SLS.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.89 | 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 |
|---|---|---|---|
| 11.02 | 10.25 | 0.77 (6.99%) | 14.31% |
| An entry @11.02. This is a Buy Stop order right above the resistance zone. | An exit @10.25. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.77 points, which is 6.99%. | For a 1.00% total portfolio risk, you can invest 14.31% 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:SLS (12/18/2025, 7:00:00 PM)
10.64
+0.16 (+1.53%)
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.
What is the current trend direction of SOLARIS RESOURCES INC (SLS.CA) stock?
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 56.0594. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SOLARIS RESOURCES INC?
The buy/sell signal for SOLARIS RESOURCES INC (SLS.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for SOLARIS RESOURCES INC (SLS.CA) stock?
SOLARIS RESOURCES INC (SLS.CA) has a support level at 10.26 and a resistance level at 10.92. Check the full technical report for our detailed analysis of SLS.CA support and resistance levels.