SPANISH MOUNTAIN GOLD LTD (SPA.CA) Stock Technical Analysis
TSX-V:SPA - TSX Venture Exchange - CA8464811097 - Common Stock - Currency: CAD
We assign a technical rating of 6 out of 10 to SPA. In the last year, SPA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month SPA has a been trading in the 0.17 - 0.20 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
SPA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SPA is lagging the market slightly.
When comparing the performance of all stocks over the past year, SPA turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
SPA is an average performer in the Metals & Mining industry, it outperforms 45% of 806 stocks in the same industry.
SPA 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
0.12
0.19
We found 2 important support areas.
- Support @0.14 from a trend line in the daily time frame.
- Support @0.12 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.19 from a trend line in the weekly 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 SPA.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPA.CA is neutral. |
| ChartMill Relative Strength | 55.41 | NEUTRAL | SPA.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SPA.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.61 | NEUTRAL | The RSI value for SPA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SPA.CA has a negative trend. |
| Stochastics (14,3) | 7.69 | OVERSOLD | The low Stochastics value suggests SPA.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.74 | HIGH VOLATILITY | The high ATR as a percentage value for SPA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.55 | NEGATIVE | The low ADX value for SPA.CA suggests a weak or negative trend. |
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)
TSX-V:SPA (7/29/2025, 7:00:00 PM)
0.165
-0.01 (-5.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.71%
1 Week-5.71%
2 Weeks-10.81%
1 Month-2.94%
3 Month26.92%
6 Month37.5%
12 Month-2.94%
2 Year-10.81%
3 Year-2.94%
5 Year-66.33%
10 Year450%
15 Year-58.75%
Volatility
ATR(14)0.01
ATR(20)%6.74%
ATR Inc-33.33%
Range Today0.01
ADR(20)0.01
ADR(20)%6.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.41
Mansfield0.78
10 Day High0.2
10 Day Low0.17
20 Day High0.21
20 Day Low0.17
52 Week High0.21
52 Week Low0.09
CS1 End0.14
CR1 Start0.17
Volume & EV
DER(3)0%
DER(5)0%
Volume337.92K
Volume Incr-33.88%
Vol(5)169.41K
Vol(50)206.13K