SOLARIS RESOURCES INC (SLS.CA) Stock Technical Analysis
TSX:SLS - Toronto Stock Exchange - CA83419D2014 - Common Stock - Currency: CAD
Overall SLS gets a technical rating of 9 out of 10. In the last year, SLS was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month SLS has a been trading in the 6.36 - 7.94 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that SLS is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by SLS over the past year are nicely spread over this period.
SLS is part of the Metals & Mining industry. There are 806 other stocks in this industry. SLS outperforms 77% of them.
SLS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SLS is performing more or less in line with the market.
Besides having an excellent technical rating, SLS also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 6.55, a Stop Loss order could be placed below this zone.
More info and screens
4.07
7.19
5 important support areas can be observed.
- A support zone ranging from 6.46 to 6.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.27 from a trend line in the daily time frame.
- Support @5.93 from a horizontal line in the daily time frame.
- Support @5.02 from a trend line in the weekly time frame.
- Support @4.11 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.10 to 7.12. This zone is formed by a combination of multiple trend lines and important moving averages 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 SLS.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLS.CA is neutral. |
| ChartMill Relative Strength | 90.01 | POSITIVE | SLS.CA has a high relative strength, it outperformed 90.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLS.CA is below a declining 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) | 48.89 | 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) | 25.03 | NEUTRAL | The Stochastics value for SLS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.09 | HIGH VOLATILITY | The high ATR as a percentage value for SLS.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.74 | NEUTRAL | The ADX value for SLS.CA suggests a possible start of a new 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:SLS (7/31/2025, 7:00:00 PM)
6.75
+0.27 (+4.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.17%
1 Week-2.03%
2 Weeks-2.74%
1 Month-7.79%
3 Month9.76%
6 Month44.85%
12 Month111.6%
2 Year3.37%
3 Year-6.38%
5 Year314.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%5.09%
ATR Inc88.56%
Range Today0.53
ADR(20)0.34
ADR(20)%5.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.01
Mansfield2.92
10 Day High7.22
10 Day Low6.36
20 Day High7.94
20 Day Low6.36
52 Week High7.94
52 Week Low2.58
CS1 End6.55
CR1 Start7.1
Volume & EV
DER(3)2.06%
DER(5)-0.83%
Volume321.82K
Volume Incr-16.3%
Vol(5)228.09K
Vol(50)213.29K