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 10 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, STGO did better than 89% of all other stocks.
STGO is part of the Metals & Mining industry. There are 796 other stocks in this industry. STGO outperforms 75% of them.
STGO is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so STGO is leading the market.
In the last month STGO has a been trading in the 0.79 - 0.93 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although STGO has an excellent technical rating, the quality of the presented setup is not ideal 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
0.57
0.94
We found 4 important support areas.
- A support zone ranging from 0.86 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.79 to 0.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.65 from a trend line in the weekly time frame.
- Support @0.58 from a horizontal 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 | 89.56 | POSITIVE | STGO.CA has a high relative strength, it outperformed 89.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STGO.CA is above the rising 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) | 67.74 | NEUTRAL | The RSI value for STGO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests STGO.CA has a positive trend. |
| Stochastics (14,3) | 93.94 | OVERBOUGHT | The high Stochastics value suggests STGO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for STGO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.27 | 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 |
|---|---|---|---|
| 0.94 | 0.80 | 0.14 (14.89%) | 6.71% |
| An entry @0.94. This is a Buy Stop order right above the 10 day high. | An exit @0.80. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 14.89%. | When investing 6.71% 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 (5/26/2025, 7:00:00 PM)
0.93
+0.03 (+3.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.33%
1 Week9.41%
2 Weeks2.2%
1 Month12.05%
3 Month34.78%
6 Month45.31%
12 Month43.08%
2 Year-2.11%
3 Year-26.77%
5 Year-39.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%3.87%
ATR Inc-12.5%
Range Today0.02
ADR(20)0.03
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.56
Mansfield3.03
10 Day High0.93
10 Day Low0.81
20 Day High0.93
20 Day Low0.79
52 Week High0.93
52 Week Low0.51
CS1 End0.88
CR1 StartN/A
Volume & EV
DER(3)-44.92%
DER(5)-36.43%
Volume250.23K
Volume Incr-2.42%
Vol(5)245.30K
Vol(50)249.49K