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SOLARIS RESOURCES INC (SLS.CA) Stock Technical Analysis

TSX:SLS - Toronto Stock Exchange - CA83419D2014 - Common Stock - Currency: CAD

6.94  +0.02 (+0.29%)

Technical Rating and Analysis

10

Taking everything into account, SLS scores 10 out of 10 in our technical rating. 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.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SLS is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, SLS also shows a nice and consistent pattern of rising prices.
SLS is one of the better performing stocks in the Metals & Mining industry, it outperforms 82% of 805 stocks in the same industry.
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.
In the last month SLS has a been trading in the 5.97 - 7.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SOLARIS RESOURCES INC / SLS Weekly stock chart
SOLARIS RESOURCES INC / SLS Daily stock chart
Setup Rating and Analysis

4

SLS has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

4.02

7.01

We found 3 important support areas.

  • A support zone ranging from 6.83 to 6.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @4.92 from a trend line in the weekly time frame.
  • Support @4.06 from a trend line in the daily time frame.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for SLS.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for SLS.CA is up.
ChartMill Relative Strength92.13POSITIVESLS.CA has a high relative strength, it outperformed 92.13% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of SLS.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of SLS.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of SLS.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)53.72NEUTRALThe RSI value for SLS.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.04NEGATIVEThe MACD value suggests SLS.CA has a negative trend.
Stochastics (14,3)50.21NEUTRALThe Stochastics value for SLS.CA is a neutral value.
Average True Range in percent/ATR (20)4.51MEDIUM VOLATILITYThe ATR as a percentage value for SLS.CA suggests some volalility.
Average Directional Index/ADX (14)37.64POSITIVEThe high ADX value value for SLS.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
SOLARIS RESOURCES INC / SLS Daily stock chart

SOLARIS RESOURCES INC

TSX:SLS (7/17/2025, 7:00:00 PM)

6.94

+0.02 (+0.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.29%
1 Week-8.32%
2 Weeks-5.19%
1 Month11.22%
3 Month44.89%
6 Month35.02%
12 Month103.52%
2 Year6.28%
3 Year-3.74%
5 Year325.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%4.51%
ATR Inc-27.82%
Range Today0.26
ADR(20)0.3
ADR(20)%4.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.13
Mansfield3.82
10 Day High7.94
10 Day Low6.83
20 Day High7.94
20 Day Low5.97
52 Week High7.94
52 Week Low2.58
CS1 End6.93
CR1 StartN/A
Volume & EV
DER(3)-3.54%
DER(5)-3.17%
Volume148.56K
Volume Incr-34.73%
Vol(5)159.55K
Vol(50)199.89K