SOMA GOLD CORP (SOMA.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:SOMA - CA83445W1086 - Common Stock
Taking everything into account, SOMA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SOMA has proven to be a steady performer, scoring decent points in every aspect analyzed.
SOMA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.62, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.17
We found 4 important support areas.
- A support zone ranging from 1.60 to 1.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.54 to 1.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.40 from a trend line in the daily time frame.
- Support @1.18 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 SOMA.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOMA.CA is up. |
| ChartMill Relative Strength | 92.24 | POSITIVE | SOMA.CA has a high relative strength, it outperformed 92.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOMA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOMA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOMA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.76 | NEUTRAL | The RSI value for SOMA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SOMA.CA has a positive trend. |
| Stochastics (14,3) | 72.84 | NEUTRAL | The Stochastics value for SOMA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.92 | HIGH VOLATILITY | The high ATR as a percentage value for SOMA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.68 | NEGATIVE | The low ADX value for SOMA.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.81 | 1.59 | 0.22 (12.15%) | 8.23% |
| An entry @1.81. This is a Buy Stop order right above the 10 day high. | An exit @1.59. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.22 points, which is 12.15%. | When investing 8.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:SOMA (1/9/2026, 7:00:00 PM)
1.74
+0.03 (+1.75%)
SOMA GOLD CORP / SOMA.CA FAQ
What is the technical rating for SOMA stock?
ChartMill assigns a technical rating of 10 / 10 to SOMA.CA.
What is the current trend direction of SOMA GOLD CORP (SOMA.CA) stock?
The current trend direction for SOMA GOLD CORP (SOMA.CA) is Bullish.
What is the RSI signal for SOMA GOLD CORP (SOMA.CA) stock?
SOMA GOLD CORP (SOMA.CA) has an RSI value of 58.7582. This indicates that the stock is currently neutral.
What is the buy/sell signal for SOMA GOLD CORP (SOMA.CA) stock?
The buy/sell signal for SOMA GOLD CORP (SOMA.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for SOMA GOLD CORP (SOMA.CA) stock?
SOMA GOLD CORP (SOMA.CA) has a support level at 1.62. Check the full technical report for our detailed analysis of SOMA.CA support and resistance levels.