Overall SSRM gets a technical rating of 8 out of 10. In the last year, SSRM was one of the better performers, but we do observe some doubts in the very recent evolution.
Although SSRM has an excellent technical rating, it 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
14.98
3 important support areas can be observed.
- Support @19.94 from a horizontal line in the weekly time frame.
- Support @19.48 from a horizontal line in the daily time frame.
- A support zone ranging from 15.13 to 15.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 21.02 to 21.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.86 from a trend line in the daily time frame.
- A resistance zone ranging from 23.28 to 23.28. This zone is formed by a combination of multiple trend lines 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 SSRM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SSRM is neutral. |
| ChartMill Relative Strength | 97.47 | POSITIVE | SSRM has a high relative strength, it outperformed 97.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SSRM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SSRM is below a declining 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) | 44.88 | NEUTRAL | The RSI value for SSRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SSRM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.33 | NEUTRAL | The Stochastics value for SSRM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for SSRM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.59 | NEGATIVE | The low ADX value for SSRM suggests a weak or negative trend. |
20.92
-0.31 (-1.46%)
SSR MINING INC / SSRM FAQ
Can you provide the ChartMill technical rating for SSR MINING INC?
ChartMill assigns a technical rating of 8 / 10 to SSRM.
What is the current trend direction of SSR MINING INC (SSRM) stock?
The current trend direction for SSR MINING INC (SSRM) is Bullish.
What is the RSI signal for SSR MINING INC (SSRM) stock?
SSR MINING INC (SSRM) has an RSI value of 44.8791. This indicates that the stock is currently neutral.
What is the short term momentum for SSR MINING INC (SSRM) stock?
The short term momentum for SSR MINING INC (SSRM) is neutral.
What is the support and resistance level for SSRM stock?
SSR MINING INC (SSRM) has a support level at 19.94 and a resistance level at 21.02. Check the full technical report for our detailed analysis of SSRM support and resistance levels.