SOLARIS RESOURCES INC (SLS.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:SLS - CA83419D2014 - Common Stock
We assign a technical rating of 10 out of 10 to SLS. 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. There is a support zone below the current price at 10.38, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
5.85
4 important support areas can be observed.
- A support zone ranging from 10.13 to 10.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.15 from a trend line in the daily time frame.
- Support @6.20 from a trend line in the weekly time frame.
- Support @5.91 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.01 to 11.18. 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 | UP | POSITIVE | The short term trend for SLS.CA is up. |
| ChartMill Relative Strength | 87.37 | POSITIVE | SLS.CA has a high relative strength, it outperformed 87.37% 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) | 53.61 | NEUTRAL | The RSI value for SLS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SLS.CA has a negative trend. |
| Stochastics (14,3) | 59.58 | NEUTRAL | The Stochastics value for SLS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for SLS.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.32 | NEUTRAL | The ADX value for SLS.CA suggests a possible start of a new 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 |
|---|---|---|---|
| 11.19 | 10.54 | 0.65 (5.81%) | 17.22% |
| An entry @11.19. This is a Buy Stop order right above the resistance zone. | An exit @10.54. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.65 points, which is 5.81%. | For a 1.00% total portfolio risk, you can invest 17.22% 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 (1/9/2026, 7:00:00 PM)
11
-0.1 (-0.9%)
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 53.6061. 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 -0.0317847, 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 10.38 and a resistance level at 11.01. Check the full technical report for our detailed analysis of SLS.CA support and resistance levels.