STEPPE GOLD LTD (STGO.CA) Stock Technical Analysis
TSX:STGO - Toronto Stock Exchange - CA85913R2063 - Common Stock - Currency: CAD
Overall STGO gets a technical rating of 9 out of 10. Both in the recent history as in the last year, STGO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that STGO is one of the better performing stocks in the market, outperforming 92% of all stocks.
STGO is one of the better performing stocks in the Metals & Mining industry, it outperforms 82% of 805 stocks in the same industry.
STGO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so STGO is lagging the market slightly.
In the last month STGO has a been trading in the 1.15 - 1.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
STGO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.18, a Stop Loss order could be placed below this zone.
More info and screens
0.66
1.31
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.15 to 1.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.67 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.27 from a trend line in the daily time frame.
- Resistance @1.30 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 STGO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STGO.CA is up. |
| ChartMill Relative Strength | 92.16 | POSITIVE | STGO.CA has a high relative strength, it outperformed 92.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of STGO.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STGO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STGO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.49 | NEUTRAL | The RSI value for STGO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests STGO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65.63 | NEUTRAL | The Stochastics value for STGO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.96 | MEDIUM VOLATILITY | The ATR as a percentage value for STGO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.29 | POSITIVE | The high ADX value value for STGO.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)
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 |
|---|---|---|---|
| 1.28 | 1.17 | 0.11 (8.59%) | 11.64% |
| An entry @1.28. This is a Buy Stop order right above the resistance zone. | An exit @1.17. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.11 points, which is 8.59%. | When investing 11.64% 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:STGO (7/16/2025, 7:00:00 PM)
1.27
-0.03 (-2.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.31%
1 Week3.25%
2 Weeks4.1%
1 Month-4.51%
3 Month60.76%
6 Month101.59%
12 Month86.76%
2 Year62.82%
3 Year15.45%
5 Year-54.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%4.96%
ATR Inc-53.85%
Range Today0.04
ADR(20)0.06
ADR(20)%4.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.16
Mansfield4.89
10 Day High1.35
10 Day Low1.15
20 Day High1.37
20 Day Low1.15
52 Week High1.49
52 Week Low0.57
CS1 End1.18
CR1 Start1.27
Volume & EV
DER(3)0%
DER(5)0%
Volume132.49K
Volume Incr-18.54%
Vol(5)161.64K
Vol(50)289.32K