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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SOMA did better than 94% of all other stocks. We also observe that the gains produced by SOMA over the past year are nicely spread over this period.
- SOMA is one of the better performing stocks in the Metals & Mining industry, it outperforms 84% of 817 stocks in the same industry.
- A new 52 week high is currently being made by SOMA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month SOMA has a been trading in the 1.53 - 2.01 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SOMA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.17
3 important support areas can be observed.
- Support @1.67 from a trend line in the daily time frame.
- Support @1.42 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 | 94.32 | POSITIVE | SOMA.CA has a high relative strength, it outperformed 94.32% 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) | 71.6 | OVERBOUGHT | The high RSI value suggests SOMA.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SOMA.CA has a positive trend. |
| Stochastics (14,3) | 94.85 | OVERBOUGHT | The high Stochastics value suggests SOMA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.72 | MEDIUM VOLATILITY | The ATR as a percentage value for SOMA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.67 | POSITIVE | The high ADX value value for SOMA.CA suggests a strong trend. |
TSX-V:SOMA (1/21/2026, 7:00:00 PM)
2
+0.05 (+2.56%)
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 71.6013. This indicates that the stock is currently overbought.
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 1.67. Check the full technical report for our detailed analysis of SOMA.CA support and resistance levels.