SOUTHERN EMPIRE RESOURCES CO (SMP.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:SMP - CA84281U1075 - Common Stock
Overall SMP gets a technical rating of 7 out of 10. Although SMP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the performance of all stocks over the past year, SMP turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- SMP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SMP is lagging the market.
- In the last month SMP has a been trading in the 0.04 - 0.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SMP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.05, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SMP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.04
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.04 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- 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.
- Resistance @0.09 from a horizontal line in the daily time frame.
- Resistance @0.11 from a trend line in the weekly 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 SMP.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SMP.CA is neutral. |
| ChartMill Relative Strength | 67.32 | NEUTRAL | SMP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SMP.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SMP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SMP.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.9 | NEUTRAL | The RSI value for SMP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SMP.CA has a negative trend. |
| Stochastics (14,3) | 54.17 | NEUTRAL | The Stochastics value for SMP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 22.5 | HIGH VOLATILITY | The high ATR as a percentage value for SMP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.05 | NEGATIVE | The low ADX value for SMP.CA suggests a weak or negative 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 |
|---|---|---|---|
| 0.07 | 0.04 | 0.03 (46.31%) | 2.16% |
| An entry @0.07. This is a Buy Stop order right above the 10 day moving average. | An exit @0.04. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.03 points, which is 46.31%. | When investing 2.16% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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-V:SMP (1/9/2026, 7:00:00 PM)
0.06
0 (0%)
SOUTHERN EMPIRE RESOURCES CO / SMP.CA FAQ
What is the ChartMill technical rating of SOUTHERN EMPIRE RESOURCES CO (SMP.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to SMP.CA.
What is the current trend direction of SOUTHERN EMPIRE RESOURCES CO (SMP.CA) stock?
The current trend direction for SOUTHERN EMPIRE RESOURCES CO (SMP.CA) is Bullish.
What is the RSI signal for SMP stock?
SOUTHERN EMPIRE RESOURCES CO (SMP.CA) has an RSI value of 49.9039. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SOUTHERN EMPIRE RESOURCES CO?
The short term momentum for SOUTHERN EMPIRE RESOURCES CO (SMP.CA) is neutral.