SLAM EXPLORATION LTD (SXL.CA) Stock Technical Analysis
Canada - TSX-V:SXL - CA8310043044 - Common Stock
Overall SXL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SXL is showing a nice and steady performance.
Besides having an excellent technical rating, SXL also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.12, a Stop Loss order could be placed below this zone.
More info and screens
0.06
4 important support areas can be observed.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.06 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.13 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 SXL.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SXL.CA is up. |
| ChartMill Relative Strength | 96.73 | POSITIVE | SXL.CA has a high relative strength, it outperformed 96.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SXL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SXL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SXL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.71 | NEUTRAL | The RSI value for SXL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SXL.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.71 | NEUTRAL | The Stochastics value for SXL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.8 | HIGH VOLATILITY | The high ATR as a percentage value for SXL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 35.12 | POSITIVE | The high ADX value value for SXL.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 0.14 | 0.11 | 0.03 (21.43%) | 4.67% |
| An entry @0.14. This is a Buy Stop order right above the resistance zone. | An exit @0.11. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.03 points, which is 21.43%. | When investing 4.67% 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-V:SXL (11/7/2025, 7:00:00 PM)
0.125
+0.01 (+8.7%)
SLAM EXPLORATION LTD / SXL.CA FAQ
Can you provide the ChartMill technical rating for SLAM EXPLORATION LTD?
ChartMill assigns a technical rating of 10 / 10 to SXL.CA.
What is the trend direction for SXL stock?
The current trend direction for SLAM EXPLORATION LTD (SXL.CA) is Bullish.
What is the RSI signal for SLAM EXPLORATION LTD (SXL.CA) stock?
SLAM EXPLORATION LTD (SXL.CA) has an RSI value of 58.7061. This indicates that the stock is currently neutral.
What is the MACD signal for SXL stock?
The MACD indicator for SLAM EXPLORATION LTD (SXL.CA) has a value of -0.00145445, indicating a bearish trend.
What are the support and resistance levels for SLAM EXPLORATION LTD (SXL.CA) stock?
SLAM EXPLORATION LTD (SXL.CA) has a support level at 0.12 and a resistance level at 0.13. Check the full technical report for our detailed analysis of SXL.CA support and resistance levels.