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. In the last year, STGO was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that STGO is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, STGO also shows a nice and consistent pattern of rising prices.
STGO is part of the Metals & Mining industry. There are 806 other stocks in this industry. STGO outperforms 78% of them.
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 - 1.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
STGO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.18, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.66
1.34
3 important support areas can be observed.
- 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.
- Support @0.71 from a trend line in the daily time frame.
- Support @0.67 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.30 to 1.33. 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 STGO.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STGO.CA is neutral. |
| ChartMill Relative Strength | 91.11 | POSITIVE | STGO.CA has a high relative strength, it outperformed 91.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STGO.CA is below 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) | 47.75 | 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. |
| Stochastics (14,3) | 46.67 | NEUTRAL | The Stochastics value for STGO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for STGO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.06 | NEUTRAL | The ADX value for STGO.CA suggests a possible start of a new 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 | 1.20 | 0.08 (6.25%) | 16.00% |
| An entry @1.28. This is a Buy Stop order right above the 10 day moving average. | An exit @1.20. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.08 points, which is 6.25%. | When investing 16.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of STGO. Please evaluate whether better entry and exit points can be found.
- 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 (7/25/2025, 7:00:00 PM)
1.23
-0.04 (-3.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.15%
1 Week0.82%
2 Weeks-6.82%
1 Month-3.15%
3 Month48.19%
6 Month89.23%
12 Month89.23%
2 Year57.69%
3 Year11.82%
5 Year-55.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%4.84%
ATR Inc-34.12%
Range Today0.04
ADR(20)0.06
ADR(20)%4.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.11
Mansfield4
10 Day High1.35
10 Day Low1.21
20 Day High1.35
20 Day Low1.15
52 Week High1.49
52 Week Low0.57
CS1 End1.18
CR1 Start1.3
Volume & EV
DER(3)0%
DER(5)0%
Volume165.81K
Volume Incr7.04%
Vol(5)186.90K
Vol(50)269.90K