SPARTON RESOURCES INC (SRI.CA) Stock Technical Analysis
TSX-V:SRI • CA8472431029
Overall SRI gets a technical rating of 6 out of 10. In the last year, SRI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- 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.
- SRI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SRI has a been trading in the 0.03 - 0.04 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, SRI turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
- SRI is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 60% of 203 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SRI has an average technical rating and it also 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
0.02
When analyzing the support we can see 2 important areas.
- 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.
- Support @0.02 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.04 to 0.04. 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 | NEUTRAL | NEUTRAL | The long term trend for SRI.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SRI.CA is up. |
| ChartMill Relative Strength | 59.79 | NEUTRAL | SRI.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.87 | NEUTRAL | The RSI value for SRI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SRI.CA has a positive trend. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests SRI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 7.14 | HIGH VOLATILITY | The high ATR as a percentage value for SRI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.6 | NEUTRAL | The ADX value for SRI.CA suggests a possible start of a new trend. |
TSX-V:SRI (2/13/2026, 7:00:00 PM)
0.035
+0.01 (+16.67%)
SPARTON RESOURCES INC / SRI.CA FAQ
What is the technical rating for SRI stock?
ChartMill assigns a technical rating of 6 / 10 to SRI.CA.
Can you provide the trend direction for SPARTON RESOURCES INC?
The current trend direction for SPARTON RESOURCES INC (SRI.CA) is Bearish.
What is the RSI signal for SPARTON RESOURCES INC (SRI.CA) stock?
SPARTON RESOURCES INC (SRI.CA) has an RSI value of 59.8651. This indicates that the stock is currently neutral.
What is the MACD signal for SRI stock?
The MACD indicator for SPARTON RESOURCES INC (SRI.CA) has a value of 0.000541591, indicating a bearish trend.
Can you provide the support and resistance levels for SPARTON RESOURCES INC?
SPARTON RESOURCES INC (SRI.CA) has a support level at 0.03 and a resistance level at 0.04. Check the full technical report for our detailed analysis of SRI.CA support and resistance levels.