SHAMARAN PETROLEUM CORP (SNM.CA) Technical Analysis
TSX-V:SNM • CA8193201024
Current stock price
SNM.CA Technical Rating and Analysis
Overall SNM gets a technical rating of 0 out of 10. SNM'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 89% of all other stocks performed better in the past year than SNM.
- SNM is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, of which 85% are performing better than SNM.
- SNM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SNM is lagging the market.
- In the last month SNM has a been trading in the 0.15 - 0.23 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
SNM.CA Weekly and Daily overview Charts
SNM.CA Setup Rating and Analysis
The technical rating of SNM is bad and it also does not present a quality setup 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
SNM.CA Support and Resistance Analysis
0.17
When analyzing the resistance we notice 2 important areas.
- Resistance @0.23 from a trend line in the daily time frame.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
SNM.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 SNM.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNM.CA is down. |
| ChartMill Relative Strength | 11.36 | NEGATIVE | SNM.CA has a low relative strength, it was outperformed by 88.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SNM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.69 | NEUTRAL | The RSI value for SNM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SNM.CA has a negative trend. |
| Stochastics (14,3) | 46.97 | NEUTRAL | The Stochastics value for SNM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8 | HIGH VOLATILITY | The high ATR as a percentage value for SNM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 39.06 | POSITIVE | The high ADX value value for SNM.CA suggests a strong trend. |
SNM.CA Chart- and CandleStick Pattern Analysis
SNM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:SNM (4/7/2026, 7:00:00 PM)
0.175
-0.01 (-5.41%)
SHAMARAN PETROLEUM CORP / SNM.CA TA FAQ
What is the ChartMill technical rating of SHAMARAN PETROLEUM CORP (SNM.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to SNM.CA.
What is the trend direction for SNM stock?
The current trend direction for SHAMARAN PETROLEUM CORP (SNM.CA) is Bearish.
What is the RSI signal for SNM stock?
SHAMARAN PETROLEUM CORP (SNM.CA) has an RSI value of 32.6862. This indicates that the stock is currently neutral.
What is the buy/sell signal for SNM stock?
The buy/sell signal for SHAMARAN PETROLEUM CORP (SNM.CA) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for SHAMARAN PETROLEUM CORP?
SHAMARAN PETROLEUM CORP (SNM.CA) has a resistance level at 0.23. Check the full technical report for our detailed analysis of SNM.CA support and resistance levels.