Source Exploration Corp. (SOP.CA) Stock Technical Analysis
TSX-V:SOP - TSX Venture Exchange -
Taking everything into account, SOP scores 7 out of 10 in our technical rating. In the last year, SOP was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SOP has an average volume of 1944860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SOP did better than 78% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
SOP is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month SOP has a been trading in the 0.03 - 0.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SOP has an excellent technical rating, it 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
0.03
0.06
When analyzing the support we notice one important area.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.57
Mansfield4.91
10 Day High0.08
10 Day Low0.03
20 Day High0.08
20 Day Low0.03
52 Week High0.08
52 Week Low0.02
Performance
1 Week33.33%
2 Weeks100%
1 Month71.43%
3 Month140%
6 Month50%
12 Month50%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)62.5
LBB0.02
UBB0.08
TSX-V:SOP (2/19/2021, 3:59:29 PM)
0.06
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week33.33%
2 Weeks100%
1 Month71.43%
3 Month140%
6 Month50%
12 Month50%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%19.17%
ATR Inc2.94%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.57
Mansfield4.91
10 Day High0.08
10 Day Low0.03
20 Day High0.08
20 Day Low0.03
52 Week High0.08
52 Week Low0.02
CS1 End0.03
CR1 StartN/A
Volume & EV
DER(3)-20.6%
DER(5)-13.13%
Volume10.41M
Volume Incr446.07%
Vol(5)9.11M
Vol(50)1.94M