SOMA GOLD CORP (SOMA.CA) Technical Analysis
TSX-V:SOMA • CA83445W1086
Current stock price
SOMA.CA Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to SOMA. Although SOMA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month SOMA has a been trading in the 1.36 - 2.44 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 SOMA is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, SOMA also shows a nice and consistent pattern of rising prices.
- SOMA is one of the better performing stocks in the Metals & Mining industry, it outperforms 71% of 804 stocks in the same industry.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- SOMA 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 SOMA is lagging the market slightly.
SOMA.CA Weekly and Daily overview Charts
SOMA.CA Setup Rating and Analysis
SOMA has an average technical rating and it also does not offer a high 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
SOMA.CA Support and Resistance Analysis
1.36
We found 2 important support areas.
- A support zone ranging from 1.55 to 1.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.37 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.46 from a horizontal line in the daily time frame.
SOMA.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 | NEUTRAL | NEUTRAL | The long term trend for SOMA.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SOMA.CA is down. |
| ChartMill Relative Strength | 88.92 | POSITIVE | SOMA.CA has a high relative strength, it outperformed 88.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOMA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SOMA.CA is below a declining 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) | 32.85 | NEUTRAL | The RSI value for SOMA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SOMA.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.9 | NEUTRAL | The Stochastics value for SOMA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.46 | HIGH VOLATILITY | The high ATR as a percentage value for SOMA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.3 | POSITIVE | The high ADX value value for SOMA.CA suggests a strong trend. |
SOMA.CA Chart- and CandleStick Pattern Analysis
SOMA.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:SOMA (3/23/2026, 7:00:00 PM)
1.61
+0.05 (+3.21%)
SOMA GOLD CORP / SOMA.CA TA FAQ
What is the technical rating for SOMA stock?
ChartMill assigns a technical rating of 4 / 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 Bearish.
What is the RSI signal for SOMA GOLD CORP (SOMA.CA) stock?
SOMA GOLD CORP (SOMA.CA) has an RSI value of 32.8503. This indicates that the stock is currently neutral.
What are the support and resistance levels for SOMA GOLD CORP (SOMA.CA) stock?
SOMA GOLD CORP (SOMA.CA) has a support level at 1.55 and a resistance level at 2.46. Check the full technical report for our detailed analysis of SOMA.CA support and resistance levels.