SILVER SPRUCE RESOURCES INC (SSE.CA) Stock Technical Analysis
TSX-V:SSE - CA8282292033 - Common Stock
0.01 CAD
0 (0%)
We assign a technical rating of 6 out of 10 to SSE. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SSE is a bad performer.
When comparing the yearly performance of all stocks, SSE is a bad performer in the overall market: 75% of all stocks are doing better.
SSE is part of the Metals & Mining industry. There are 791 other stocks in this industry, of which 67% are performing better than SSE.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long and short term trends are both positive. This is looking good!
SSE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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.
SSE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.01, a Stop Loss order could be placed below this zone.
More info and screens
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When analyzing the support we notice one important area.
- A support 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.
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 | UP | POSITIVE | The long term trend for SSE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SSE.CA is up. |
| ChartMill Relative Strength | 25.04 | NEGATIVE | SSE.CA has a low relative strength, it was outperformed by 74.96% 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) | UP | POSITIVE | The current price of SSE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SSE.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.05 | 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) | 50 | NEUTRAL | The Stochastics value for SSE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 35 | HIGH VOLATILITY | The high ATR as a percentage value for SSE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.29 | NEGATIVE | The low ADX value for SSE.CA suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.02 | 0.00 | 0.02 (100.00%) | 1.00% |
| An entry @0.02. This is a Buy Stop order right above the 10 day moving average. | An exit @0.00. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.02 points, which is 100.00%. | When investing 1.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:SSE (8/28/2025, 7:00:00 PM)
0.01
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-33.33%
2 Weeks0%
1 Month0%
3 Month0%
6 Month100%
12 Month0%
2 Year-33.33%
3 Year-50%
5 Year-86.67%
10 Year-83.33%
15 Year-75%
Volatility
ATR(14)0
ATR(20)%35%
ATR Inc-41.67%
Range Today0
ADR(20)0
ADR(20)%32.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.04
Mansfield2.63
10 Day High0.02
10 Day Low0.01
20 Day High0.02
20 Day Low0.01
52 Week High0.02
52 Week Low0.01
CS1 End0.01
CR1 Start0.01
Volume & EV
DER(3)0%
DER(5)0%
Volume6.00K
Volume Incr-25.03%
Vol(5)751.91K
Vol(50)538.65K