SALAZAR RESOURCES LTD (SRL.CA) Stock Technical Analysis
TSX-V:SRL • CA7940071045
Taking everything into account, SRL scores 8 out of 10 in our technical rating. In the last year, SRL was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month SRL has a been trading in the 0.20 - 0.26 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the yearly performance of all stocks, we notice that SRL is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, SRL also shows a nice and consistent pattern of rising prices.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- SRL is an average performer in the Metals & Mining industry, it outperforms 58% of 800 stocks in the same industry.
- SRL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SRL is lagging the market.
Although SRL has an excellent technical rating, it does not present a decent entry opportunity 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
0.15
When analyzing the support we notice one important area.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for SRL.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SRL.CA is down. |
| ChartMill Relative Strength | 84.68 | POSITIVE | SRL.CA has a high relative strength, it outperformed 84.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SRL.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SRL.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.61 | NEUTRAL | The RSI value for SRL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SRL.CA has a negative trend. |
| Stochastics (14,3) | 6.06 | OVERSOLD | The low Stochastics value suggests SRL.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.92 | HIGH VOLATILITY | The high ATR as a percentage value for SRL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.72 | NEUTRAL | The ADX value for SRL.CA suggests a possible start of a new trend. |
TSX-V:SRL (2/17/2026, 7:00:00 PM)
0.195
-0.01 (-7.14%)
SALAZAR RESOURCES LTD / SRL.CA FAQ
Can you provide the ChartMill technical rating for SALAZAR RESOURCES LTD?
ChartMill assigns a technical rating of 8 / 10 to SRL.CA.
Can you provide the trend direction for SALAZAR RESOURCES LTD?
The current trend direction for SALAZAR RESOURCES LTD (SRL.CA) is Bullish.
What is the RSI signal for SALAZAR RESOURCES LTD (SRL.CA) stock?
SALAZAR RESOURCES LTD (SRL.CA) has an RSI value of 36.6127. This indicates that the stock is currently neutral.
What is the buy/sell signal for SALAZAR RESOURCES LTD (SRL.CA) stock?
The buy/sell signal for SALAZAR RESOURCES LTD (SRL.CA) is hold as the short term and long term trends are mixed.
What is the support and resistance level for SRL stock?
SALAZAR RESOURCES LTD (SRL.CA) has a support level at 0.15. Check the full technical report for our detailed analysis of SRL.CA support and resistance levels.