CANADIAN SPIRIT RESOURCES (SPI.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:SPI - CA1366371054 - Common Stock
We assign a technical rating of 1 out of 10 to SPI. SPI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, SPI is a bad performer in the overall market: 99% of all stocks are doing better.
- SPI is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 90% of 214 stocks in the same industry do better.
- SPI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- In the last month SPI has a been trading in the 0.01 - 0.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
SPI has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
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2 important resistance areas can be observed.
- A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.03 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 | NEUTRAL | NEUTRAL | The long term trend for SPI.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPI.CA is neutral. |
| ChartMill Relative Strength | 1.9 | NEGATIVE | SPI.CA has a low relative strength, it was outperformed by 98.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SPI.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPI.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.04 | NEUTRAL | The RSI value for SPI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SPI.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for SPI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.67 | HIGH VOLATILITY | The high ATR as a percentage value for SPI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.49 | NEGATIVE | The low ADX value for SPI.CA suggests a weak or negative trend. |
TSX-V:SPI (1/22/2026, 7:00:00 PM)
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CANADIAN SPIRIT RESOURCES / SPI.CA FAQ
What is the ChartMill technical rating of CANADIAN SPIRIT RESOURCES (SPI.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to SPI.CA.
What is the trend direction for SPI stock?
The current trend direction for CANADIAN SPIRIT RESOURCES (SPI.CA) is Bearish.
Can you provide the RSI signal for CANADIAN SPIRIT RESOURCES?
CANADIAN SPIRIT RESOURCES (SPI.CA) has an RSI value of 48.0386. This indicates that the stock is currently neutral.
What is the MACD signal for CANADIAN SPIRIT RESOURCES (SPI.CA) stock?
The MACD indicator for CANADIAN SPIRIT RESOURCES (SPI.CA) has a value of 0.000367405, indicating a bearish trend.
Can you provide the short term momentum for CANADIAN SPIRIT RESOURCES?
The short term momentum for CANADIAN SPIRIT RESOURCES (SPI.CA) is neutral.