SHAMARAN PETROLEUM CORP (SNM.CA) Stock Technical Analysis
Canada - TSX-V:SNM - CA8193201024 - Common Stock
0.225 CAD
-0.01 (-4.26%)
Taking everything into account, SNM scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month SNM has a been trading in the 0.23 - 0.30 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.
When comparing the yearly performance of all stocks, we notice that SNM is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, SNM also shows a nice and consistent pattern of rising prices.
SNM is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 95% of 207 stocks in the same industry.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
SNM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SNM is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although SNM has an excellent technical rating, it does not present a decent entry opportunity 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
0.20
0.23
We found 2 important support areas.
- Support @0.22 from a trend line in the daily time frame.
- A support zone ranging from 0.20 to 0.20. 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 | UP | POSITIVE | The long term trend for SNM.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNM.CA is down. |
| ChartMill Relative Strength | 92.52 | POSITIVE | SNM.CA has a high relative strength, it outperformed 92.52% 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) | UP | MIXED | The current price of SNM.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.76 | NEUTRAL | The RSI value for SNM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SNM.CA has a negative trend. |
| Stochastics (14,3) | 12.73 | OVERSOLD | The low Stochastics value suggests SNM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.22 | HIGH VOLATILITY | The high ATR as a percentage value for SNM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.66 | NEGATIVE | The low ADX value for SNM.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:SNM (10/22/2025, 7:00:00 PM)
0.225
-0.01 (-4.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-4.26%
1 Week-8.16%
2 Weeks-13.46%
1 Month-21.05%
3 Month0%
6 Month9.76%
12 Month200%
2 Year462.5%
3 Year114.29%
5 Year542.86%
10 Year246.15%
15 Year-72.89%
Volatility
ATR(14)0.01
ATR(20)%6.22%
ATR Inc-7.89%
Range Today0.01
ADR(20)0.01
ADR(20)%5.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.52
3 months CRS24.44
6 months CRS40.94
Mansfield1.17
10 Day High0.27
10 Day Low0.23
20 Day High0.3
20 Day Low0.23
52 Week High0.3
52 Week Low0.08
CS1 End0.22
CR1 StartN/A
Volume & EV
DER(3)2.82%
DER(5)-19.51%
Volume8.00K
Volume Incr-75.38%
Vol(5)92.32K
Vol(50)216.26K