STELLAR AFRICAGOLD INC (SPX.CA) Stock Technical Analysis
TSX-V:SPX - TSX Venture Exchange - CA85855B2012 - Common Stock - Currency: CAD
Taking everything into account, SPX scores 10 out of 10 in our technical rating. In the last year, SPX was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SPX is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by SPX over the past year are nicely spread over this period.
SPX is one of the better performing stocks in the Metals & Mining industry, it outperforms 72% of 797 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SPX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPX is lagging the market.
In the last month SPX has a been trading in the 0.07 - 0.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, SPX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.12. Right above this resistance zone may be a good entry point.
More info and screens
0.06
0.12
3 important support areas can be observed.
- A support zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SPX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPX.CA is up. |
| ChartMill Relative Strength | 88.89 | POSITIVE | SPX.CA has a high relative strength, it outperformed 88.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SPX.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.53 | NEUTRAL | The RSI value for SPX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SPX.CA has a positive trend. |
| Stochastics (14,3) | 38.1 | NEUTRAL | The Stochastics value for SPX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.13 | HIGH VOLATILITY | The high ATR as a percentage value for SPX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.82 | POSITIVE | The high ADX value value for SPX.CA suggests a strong 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:SPX (8/8/2025, 7:00:00 PM)
0.12
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week20%
2 Weeks4.35%
1 Month60%
3 Month33.33%
6 Month20%
12 Month84.62%
2 Year-40%
3 Year-78.18%
5 Year-80%
10 Year-76%
15 Year-98.29%
Volatility
ATR(14)0.02
ATR(20)%13.13%
ATR Inc-16.67%
Range Today0
ADR(20)0.01
ADR(20)%11.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.89
Mansfield2.96
10 Day High0.13
10 Day Low0.09
20 Day High0.16
20 Day Low0.08
52 Week High0.16
52 Week Low0.05
CS1 End0.11
CR1 Start0.12
Volume & EV
DER(3)-7.13%
DER(5)-5.91%
Volume41.40K
Volume Incr32.54%
Vol(5)139.66K
Vol(50)71.07K