SILVER SPRUCE RESOURCES INC (SSE.CA) Technical Analysis
TSX-V:SSE • CA8282293023
Current stock price
SSE.CA Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to SSE. Although SSE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month SSE has a been trading in the 0.20 - 0.34 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.
- SSE is part of the Metals & Mining industry. There are 804 other stocks in this industry. SSE outperforms 79% of them.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the yearly performance of all stocks, we notice that SSE is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- SSE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SSE is lagging the market slightly.
SSE.CA Weekly and Daily overview Charts
SSE.CA Setup Rating and Analysis
The technical rating of SSE is bad and it also does not present a quality setup 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
SSE.CA Support and Resistance Analysis
0.11
We found 3 important support areas.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.13 from a trend line in the daily time frame.
- Support @0.11 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @0.28 from a trend line in the daily time frame.
- Resistance @0.35 from a trend line in the daily time frame.
- Resistance @0.38 from a horizontal line in the weekly time frame.
SSE.CA Technical Indicator Signal Analysis
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 SSE.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SSE.CA is down. |
| ChartMill Relative Strength | 91.89 | POSITIVE | SSE.CA has a high relative strength, it outperformed 91.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SSE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SSE.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SSE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.14 | NEUTRAL | The RSI value for SSE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SSE.CA has a negative trend. |
| Stochastics (14,3) | 8.74 | OVERSOLD | The low Stochastics value suggests SSE.CA may be oversold. |
| Average True Range in percent/ATR (20) | 12.02 | HIGH VOLATILITY | The high ATR as a percentage value for SSE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.23 | NEGATIVE | The low ADX value for SSE.CA suggests a weak or negative trend. |
SSE.CA Chart- and CandleStick Pattern Analysis
SSE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:SSE (3/24/2026, 7:00:00 PM)
0.21
+0.01 (+5%)
SILVER SPRUCE RESOURCES INC / SSE.CA TA FAQ
What is the technical rating for SSE stock?
ChartMill assigns a technical rating of 2 / 10 to SSE.CA.
What is the current trend direction of SILVER SPRUCE RESOURCES INC (SSE.CA) stock?
The current trend direction for SILVER SPRUCE RESOURCES INC (SSE.CA) is Bearish.
Can you provide the RSI signal for SILVER SPRUCE RESOURCES INC?
SILVER SPRUCE RESOURCES INC (SSE.CA) has an RSI value of 38.1393. This indicates that the stock is currently neutral.
What is the MACD signal for SSE stock?
The MACD indicator for SILVER SPRUCE RESOURCES INC (SSE.CA) has a value of -0.00792295, indicating a bearish trend.
What are the support and resistance levels for SILVER SPRUCE RESOURCES INC (SSE.CA) stock?
SILVER SPRUCE RESOURCES INC (SSE.CA) has a support level at 0.2 and a resistance level at 0.28. Check the full technical report for our detailed analysis of SSE.CA support and resistance levels.