SOUTHSTONE MINERALS LTD (SML.CA) Technical Analysis
TSX-V:SML • CA84473K1075
Current stock price
SML.CA Technical Rating and Analysis
Taking everything into account, SML scores 0 out of 10 in our technical rating. SML's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 88% of all other stocks performed better in the past year than SML.
- SML is part of the Oil, Gas & Consumable Fuels industry. There are 204 other stocks in this industry, of which 85% are performing better than SML.
- SML is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SML has a been trading in the 0.01 - 0.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SML.CA Weekly and Daily overview Charts
SML.CA Setup Rating and Analysis
SML has a poor technical rating and the quality of the setup is also 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.
More info and screens
SML.CA Support and Resistance Analysis
0.01
When analyzing the support we notice one important area.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
SML.CA 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SML.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SML.CA is down. |
| ChartMill Relative Strength | 12.12 | NEGATIVE | SML.CA has a low relative strength, it was outperformed by 87.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SML.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SML.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SML.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.64 | NEUTRAL | The RSI value for SML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SML.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for SML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 25 | HIGH VOLATILITY | The high ATR as a percentage value for SML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 7.15 | NEGATIVE | The low ADX value for SML.CA suggests a weak or negative trend. |
SML.CA Chart- and CandleStick Pattern Analysis
SML.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:SML (12/19/2023, 7:00:00 PM)
0.01
0 (0%)
SOUTHSTONE MINERALS LTD / SML.CA TA FAQ
What is the ChartMill technical rating of SOUTHSTONE MINERALS LTD (SML.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to SML.CA.
Can you provide the trend direction for SOUTHSTONE MINERALS LTD?
The current trend direction for SOUTHSTONE MINERALS LTD (SML.CA) is Bearish.
What is the RSI signal for SML stock?
SOUTHSTONE MINERALS LTD (SML.CA) has an RSI value of 48.6379. This indicates that the stock is currently neutral.
What is the short term momentum for SOUTHSTONE MINERALS LTD (SML.CA) stock?
The short term momentum for SOUTHSTONE MINERALS LTD (SML.CA) is negative.
Can you provide the support and resistance levels for SOUTHSTONE MINERALS LTD?
SOUTHSTONE MINERALS LTD (SML.CA) has a support level at 0.01 and a resistance level at 0.01. Check the full technical report for our detailed analysis of SML.CA support and resistance levels.