SAMA RESOURCES INC/RESSOURCE (SME.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:SME - CA79588X1015 - Common Stock
We assign a technical rating of 4 out of 10 to SME. In the last year, SME was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
SME has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
0.05
We found 2 important support areas.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.05 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.08 to 0.08. 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 | NEUTRAL | NEUTRAL | The long term trend for SME.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SME.CA is up. |
| ChartMill Relative Strength | 17.74 | NEGATIVE | SME.CA has a low relative strength, it was outperformed by 82.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SME.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SME.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SME.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.26 | NEUTRAL | The RSI value for SME.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SME.CA has a positive trend. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests SME.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.25 | HIGH VOLATILITY | The high ATR as a percentage value for SME.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.73 | NEUTRAL | The ADX value for SME.CA suggests a possible start of a new trend. |
TSX-V:SME (11/25/2025, 7:00:00 PM)
0.07
+0.01 (+7.69%)
SAMA RESOURCES INC/RESSOURCE / SME.CA FAQ
Can you provide the ChartMill technical rating for SAMA RESOURCES INC/RESSOURCE?
ChartMill assigns a technical rating of 4 / 10 to SME.CA.
What is the current trend direction of SAMA RESOURCES INC/RESSOURCE (SME.CA) stock?
The current trend direction for SAMA RESOURCES INC/RESSOURCE (SME.CA) is Bearish.
What is the RSI signal for SME stock?
SAMA RESOURCES INC/RESSOURCE (SME.CA) has an RSI value of 62.2596. This indicates that the stock is currently neutral.
What is the short term momentum for SAMA RESOURCES INC/RESSOURCE (SME.CA) stock?
The short term momentum for SAMA RESOURCES INC/RESSOURCE (SME.CA) is positive.