SLAM EXPLORATION LTD (SXL.CA) Stock Technical Analysis
TSX-V:SXL - TSX Venture Exchange - CA8310043044 - Common Stock - Currency: CAD
Taking everything into account, SXL scores 10 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SXL did better than 92% of all other stocks.
SXL is one of the better performing stocks in the Metals & Mining industry, it outperforms 81% of 808 stocks in the same industry.
A new 52 week high is currently being made by SXL, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month SXL has a been trading in the 0.03 - 0.07 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SXL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.03
0.05
We found 2 important support areas.
- A support zone ranging from 0.04 to 0.04. 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 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages 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 SXL.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SXL.CA is up. |
| ChartMill Relative Strength | 92.45 | POSITIVE | SXL.CA has a high relative strength, it outperformed 92.45% 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) | 63.97 | NEUTRAL | The RSI value for SXL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SXL.CA has a positive trend. |
| Stochastics (14,3) | 45.83 | NEUTRAL | The Stochastics value for SXL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10 | HIGH VOLATILITY | The high ATR as a percentage value for SXL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.51 | POSITIVE | The high ADX value value for SXL.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)
TSX-V:SXL (6/13/2025, 7:00:00 PM)
0.045
+0.01 (+28.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg28.57%
1 Week28.57%
2 Weeks50%
1 Month50%
3 Month50%
6 Month28.57%
12 Month80%
2 Year28.57%
3 Year50%
5 Year50%
10 Year200%
15 Year-95.5%
Volatility
ATR(14)0.01
ATR(20)%10%
ATR Inc390%
Range Today0.03
ADR(20)0
ADR(20)%6.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.45
Mansfield3.63
10 Day High0.07
10 Day Low0.03
20 Day High0.07
20 Day Low0.03
52 Week High0.07
52 Week Low0.02
CS1 End0.04
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume4.51M
Volume Incr280%
Vol(5)908.44K
Vol(50)335.45K