SSR MINING INC (SSRM) Stock Technical Analysis
NASDAQ:SSRM - Nasdaq - CA7847301032 - Common Stock - Currency: USD
Overall SSRM gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SSRM has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SSRM is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by SSRM over the past year are nicely spread over this period.
SSRM is part of the Metals & Mining industry. There are 157 other stocks in this industry. SSRM outperforms 94% of them.
A new 52 week high is currently being made by SSRM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month SSRM has a been trading in the 11.70 - 15.29 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SSRM has an average volume of 2866530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SSRM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.56
15.39
3 important support areas can be observed.
- A support zone ranging from 12.31 to 12.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.10 from a trend line in the daily time frame.
- Support @11.68 from a trend line in the daily time frame.
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 SSRM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SSRM is up. |
| ChartMill Relative Strength | 97.79 | POSITIVE | SSRM has a high relative strength, it outperformed 97.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SSRM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SSRM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SSRM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.48 | OVERBOUGHT | The high RSI value suggests SSRM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests SSRM has a positive trend. |
| Stochastics (14,3) | 87.37 | OVERBOUGHT | The high Stochastics value suggests SSRM may be overbought. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for SSRM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.02 | NEGATIVE | The low ADX value for SSRM 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)
15.24
+2.25 (+17.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg17.32%
1 Week26.42%
2 Weeks19.62%
1 Month23.1%
3 Month31.49%
6 Month69.15%
12 Month235.68%
2 Year2.63%
3 Year12.97%
5 Year-28.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%3.55%
ATR Inc213.31%
Range Today1.63
ADR(20)0.48
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.79
Mansfield5.85
10 Day High15.3
10 Day Low11.87
20 Day High15.3
20 Day Low11.7
52 Week High15.3
52 Week Low4.57
CS1 End12.64
CR1 StartN/A
Volume & EV
DER(3)5.42%
DER(5)0.93%
Volume11.01M
Volume Incr88.27%
Vol(5)4.09M
Vol(50)2.87M