SILVER SPRUCE RESOURCES INC (SSE.CA) Stock Technical Analysis
TSX-V:SSE - TSX Venture Exchange - CA8282292033 - Common Stock - Currency: CAD
Taking everything into account, SSE scores 2 out of 10 in our technical rating. SSE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
91% of all other stocks performed better in the past year than SSE.
SSE is one of the lesser performing stocks in the Metals & Mining industry. 79% of 801 stocks in the same industry do better.
SSE is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SSE is lagging the market.
In the last month SSE has a been trading in the 0.01 - 0.01 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, SSE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.01. Right above this resistance zone may be a good entry point.
More info and screens
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0.01
We found 1 important resistance area.
- A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 SSE.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SSE.CA is neutral. |
| ChartMill Relative Strength | 9.21 | NEGATIVE | SSE.CA has a low relative strength, it was outperformed by 90.79% 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) | DOWN | NEGATIVE | The current price of SSE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.26 | NEUTRAL | The RSI value for SSE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SSE.CA has a negative trend. |
| Average True Range in percent/ATR (20) | 85 | HIGH VOLATILITY | The high ATR as a percentage value for SSE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.01 | POSITIVE | The high ADX value value for SSE.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:SSE (5/23/2025, 7:00:00 PM)
0.005
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week0%
2 Weeks-50%
1 Month0%
3 Month0%
6 Month0%
12 Month-66.67%
2 Year-75%
3 Year-80%
5 Year-87.5%
10 Year-83.33%
15 Year-93.75%
Volatility
ATR(14)0
ATR(20)%85%
ATR Inc-41.67%
Range Today0.01
ADR(20)0
ADR(20)%50%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.21
Mansfield-4.22
10 Day High0.01
10 Day Low0.01
20 Day High0.01
20 Day Low0.01
52 Week High0.02
52 Week Low0.01
CS1 EndN/A
CR1 Start0.01
Volume & EV
DER(3)0%
DER(5)0%
Volume33.00K
Volume Incr254.05%
Vol(5)912.74K
Vol(50)329.92K