SOLGOLD PLC (SOLG.CA) Stock Technical Analysis
TSX:SOLG • GB00B0WD0R35
Taking everything into account, SOLG scores 2 out of 10 in our technical rating. SOLG'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, SOLG is a bad performer in the overall market: 80% of all stocks are doing better.
- SOLG is one of the lesser performing stocks in the Metals & Mining industry. 84% of 816 stocks in the same industry do better.
- SOLG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SOLG has a been trading in the 0.12 - 0.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of SOLG 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
0.12
We found 2 important support areas.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.14 to 0.14. 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 | DOWN | NEGATIVE | The long term trend for SOLG.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOLG.CA is neutral. |
| ChartMill Relative Strength | 20.28 | NEGATIVE | SOLG.CA has a low relative strength, it was outperformed by 79.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SOLG.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOLG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SOLG.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.84 | NEUTRAL | The RSI value for SOLG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SOLG.CA has a positive trend. |
| Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for SOLG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for SOLG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.38 | NEGATIVE | The low ADX value for SOLG.CA suggests a weak or negative trend. |
TSX:SOLG (6/18/2025, 7:00:00 PM)
0.135
+0.01 (+3.85%)
SOLGOLD PLC / SOLG.CA FAQ
What is the ChartMill technical rating of SOLGOLD PLC (SOLG.CA) stock?
ChartMill assigns a technical rating of 2 / 10 to SOLG.CA.
What is the trend direction for SOLG stock?
The current trend direction for SOLGOLD PLC (SOLG.CA) is Bearish.
What is the RSI signal for SOLG stock?
SOLGOLD PLC (SOLG.CA) has an RSI value of 55.8424. This indicates that the stock is currently neutral.
What is the short term momentum for SOLGOLD PLC (SOLG.CA) stock?
The short term momentum for SOLGOLD PLC (SOLG.CA) is neutral.
Can you provide the support and resistance levels for SOLGOLD PLC?
SOLGOLD PLC (SOLG.CA) has a support level at 0.13 and a resistance level at 0.14. Check the full technical report for our detailed analysis of SOLG.CA support and resistance levels.