SOUTHERN EMPIRE RESOURCES CO (SMP.CA) Stock Technical Analysis
TSX-V:SMP • CA84281U1075
Taking everything into account, SMP 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, SMP is showing a nice and steady performance.
- 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!
- Looking at the yearly performance, SMP did better than 93% of all other stocks. On top of that, SMP also shows a nice and consistent pattern of rising prices.
- SMP 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 SMP is lagging the market slightly.
- In the last month SMP has a been trading in the 0.06 - 0.09 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Considerably lower volume is observed in the last couple of days.
SMP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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 0.07, a Stop Loss order could be placed below this zone.
More info and screens
0.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.06 from a trend 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 and important moving averages in the daily time frame.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 93.52 | POSITIVE | SMP.CA has a high relative strength, it outperformed 93.52% off all stocks 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) | 51.29 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for SMP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 12.67 | HIGH VOLATILITY | The high ATR as a percentage value for SMP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.46 | 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 |
|---|---|---|---|
| 0.09 | 0.06 | 0.03 (29.82%) | 3.35% |
| An entry @0.09. This is a Buy Stop order right above the 10 day moving average. | An exit @0.06. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.03 points, which is 29.82%. | For a 1.00% total portfolio risk, you can invest 3.35% of your capital in this trade. |
- 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 (2/23/2026, 7:00:00 PM)
0.075
+0 (+7.14%)
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 10 / 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 51.2921. 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.