Canada - TSX Venture Exchange - TSX-V:SRR - CA83616J1003 - Common Stock
We assign a technical rating of 3 out of 10 to SRR. SRR performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, SRR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 0.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.88, a Stop Loss order could be placed below this zone.
0.80
We found 2 important support areas.
We can see 2 important resistance areas.
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 SRR.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SRR.CA is neutral. |
| ChartMill Relative Strength | 24.5 | NEGATIVE | SRR.CA has a low relative strength, it was outperformed by 75.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SRR.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SRR.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.38 | NEUTRAL | The RSI value for SRR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SRR.CA has a negative trend. |
| Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for SRR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for SRR.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.27 | NEUTRAL | The ADX value for SRR.CA suggests a possible start of a new trend. |
TSX-V:SRR (11/26/2025, 7:00:00 PM)
0.87
-0.02 (-2.25%)
ChartMill assigns a technical rating of 4 / 10 to SRR.CA.
The current trend direction for SOURCE ROCK ROYALTIES LTD (SRR.CA) is Bearish.
SOURCE ROCK ROYALTIES LTD (SRR.CA) has an RSI value of 48.3803. This indicates that the stock is currently neutral.
The short term momentum for SOURCE ROCK ROYALTIES LTD (SRR.CA) is neutral.