SILVER RANGE RESOURCES LTD (SNG.CA) Stock Technical Analysis
TSX-V:SNG - CA82809P1053 - Common Stock
0.105 CAD
+0.01 (+10.53%)
We assign a technical rating of 5 out of 10 to SNG. SNG was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month SNG has a been trading in the 0.09 - 0.14 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, SNG did better than 74% of all other stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
SNG is part of the Metals & Mining industry. There are 796 other stocks in this industry, SNG did better than 50% of them.
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.
SNG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.11. Right above this resistance zone may be a good entry point. 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
0.13
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.09 from a trend line in the daily time frame.
- Support @0.08 from a trend line in the weekly time frame.
- Support @0.07 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.13 to 0.13. 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 SNG.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNG.CA is down. |
| ChartMill Relative Strength | 74.15 | POSITIVE | SNG.CA has a high relative strength, it outperformed 74.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SNG.CA is below 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) | 47.65 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 26.67 | NEUTRAL | The Stochastics value for SNG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.29 | HIGH VOLATILITY | The high ATR as a percentage value for SNG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.6 | NEGATIVE | The low ADX value for SNG.CA suggests a weak or negative 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)
TSX-V:SNG (8/29/2025, 7:00:00 PM)
0.105
+0.01 (+10.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg10.53%
1 Week0%
2 Weeks0%
1 Month-22.22%
3 Month23.53%
6 Month50%
12 Month23.53%
2 Year10.53%
3 Year40%
5 Year-32.26%
10 Year61.54%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%9.29%
ATR Inc25%
Range Today0
ADR(20)0
ADR(20)%4.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.15
Mansfield1.14
10 Day High0.12
10 Day Low0.09
20 Day High0.14
20 Day Low0.09
52 Week High0.14
52 Week Low0.06
CS1 End0.1
CR1 Start0.11
Volume & EV
DER(3)240.05%
DER(5)298.57%
Volume9.00K
Volume Incr-76.74%
Vol(5)17.20K
Vol(50)68.18K