SILVER RANGE RESOURCES LTD (SNG.CA) Stock Technical Analysis
TSX-V:SNG - TSX Venture Exchange - CA82809P1053 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to SNG. Both in the recent history as in the last year, SNG has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month SNG has a been trading in the 0.10 - 0.14 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
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 yearly performance of all stocks, we notice that SNG is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this relatively good performance is mostly due to a recent big move.
SNG is an average performer in the Metals & Mining industry, it outperforms 58% of 797 stocks in the same industry.
SNG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SNG is lagging the market.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SNG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.10, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SNG 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
0.07
0.12
We found 3 important support areas.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.07 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for SNG.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNG.CA is neutral. |
| ChartMill Relative Strength | 80.56 | POSITIVE | SNG.CA has a high relative strength, it outperformed 80.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SNG.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.14 | NEUTRAL | The RSI value for SNG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SNG.CA has a negative trend. |
| Stochastics (14,3) | 26.39 | NEUTRAL | The Stochastics value for SNG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10 | HIGH VOLATILITY | The high ATR as a percentage value for SNG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 35.58 | POSITIVE | The high ADX value value for SNG.CA suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 0.13 | 0.10 | 0.04 (27.20%) | 3.68% |
| An entry @0.13. This is a Buy Stop order right above the 10 day moving average. | An exit @0.10. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 27.20%. | When investing 3.68% 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:SNG (8/5/2025, 7:00:00 PM)
0.105
-0.01 (-4.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-4.55%
1 Week-22.22%
2 Weeks-25%
1 Month5%
3 Month31.25%
6 Month50%
12 Month31.25%
2 Year10.53%
3 Year40%
5 Year-32.26%
10 Year61.54%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%10%
ATR Inc-80.56%
Range Today0.01
ADR(20)0.01
ADR(20)%7.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.56
Mansfield1.51
10 Day High0.14
10 Day Low0.11
20 Day High0.14
20 Day Low0.1
52 Week High0.14
52 Week Low0.06
CS1 End0.1
CR1 Start0.12
Volume & EV
DER(3)273.21%
DER(5)198.68%
Volume14.00K
Volume Incr-70.47%
Vol(5)31.85K
Vol(50)62.40K