SONORO ENERGY LTD (SNV.CA) Stock Technical Analysis
TSX-V:SNV - TSX Venture Exchange - CA83569D6054 - Common Stock - Currency: CAD
Overall SNV gets a technical rating of 7 out of 10. 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 SNV has a been trading in the 0.10 - 0.15 range, which is quite wide. It is currently trading near the lows of this range.
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, SNV did better than 72% of all other stocks.
SNV is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 77% of 210 stocks in the same industry.
SNV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SNV is lagging the market slightly.
Besides having an excellent technical rating, SNV 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.
More info and screens
0.07
0.14
2 important support areas can be observed.
- 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.
- Support @0.07 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- 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.
- Resistance @0.14 from a horizontal line in the daily 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 SNV.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNV.CA is neutral. |
| ChartMill Relative Strength | 72.26 | POSITIVE | SNV.CA has a high relative strength, it outperformed 72.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNV.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNV.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNV.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.99 | NEUTRAL | The RSI value for SNV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SNV.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.69 | OVERSOLD | The low Stochastics value suggests SNV.CA may be oversold. |
| Average True Range in percent/ATR (20) | 14.05 | HIGH VOLATILITY | The high ATR as a percentage value for SNV.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 34.07 | POSITIVE | The high ADX value value for SNV.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)
TSX-V:SNV (8/1/2025, 7:00:00 PM)
0.105
+0.01 (+10.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg10.53%
1 Week0%
2 Weeks-4.55%
1 Month0%
3 Month23.53%
6 Month50%
12 Month16.67%
2 Year75%
3 Year23.53%
5 Year31.25%
10 Year425%
15 Year-98.81%
Volatility
ATR(14)0.01
ATR(20)%14.05%
ATR Inc-15.15%
Range Today0
ADR(20)0.01
ADR(20)%12.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.26
Mansfield2.48
10 Day High0.12
10 Day Low0.1
20 Day High0.15
20 Day Low0.1
52 Week High0.16
52 Week Low0.05
CS1 End0.1
CR1 Start0.13
Volume & EV
DER(3)0%
DER(5)0%
Volume56.80K
Volume Incr7.37%
Vol(5)239.56K
Vol(50)192.77K