SILVER SPRUCE RESOURCES INC (SSE.CA) Technical Analysis
TSX-V:SSE • CA8282293023
Current stock price
SSE.CA Technical Rating and Analysis
Taking everything into account, SSE scores 4 out of 10 in our technical rating. 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 0.19 - 0.29 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.
- Looking at the yearly performance, SSE did better than 87% of all other stocks. We also observe that the gains produced by SSE over the past year are nicely spread over this period.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- SSE is an average performer in the Metals & Mining industry, it outperforms 69% of 803 stocks in the same industry.
- SSE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SSE is lagging the market.
- Considerably lower volume is observed in the last couple of days.
SSE.CA Weekly and Daily overview Charts
SSE.CA Setup Rating and Analysis
SSE has an average technical rating and it also does not offer a high 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
When analyzing the support we can see 2 important areas.
- Support @0.14 from a trend line in the daily time frame.
- Support @0.11 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.28 from a trend line in the daily time frame.
- Resistance @0.34 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 | 87.12 | POSITIVE | SSE.CA has a high relative strength, it outperformed 87.12% 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) | 42.63 | 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. |
| Stochastics (14,3) | 20 | NEUTRAL | The Stochastics value for SSE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 12.07 | HIGH VOLATILITY | The high ATR as a percentage value for SSE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.47 | 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 (4/27/2026, 7:00:00 PM)
0.205
-0.01 (-2.38%)
SILVER SPRUCE RESOURCES INC / SSE.CA TA FAQ
What is the technical rating for SSE stock?
ChartMill assigns a technical rating of 4 / 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.
What is the RSI signal for SSE stock?
SILVER SPRUCE RESOURCES INC (SSE.CA) has an RSI value of 42.6261. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for SILVER SPRUCE RESOURCES INC?
SILVER SPRUCE RESOURCES INC (SSE.CA) has a support level at 0.14 and a resistance level at 0.23. Check the full technical report for our detailed analysis of SSE.CA support and resistance levels.