SUPREMEX INC (SXP.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:SXP - CA86863R1055 - Common Stock
Taking everything into account, SXP scores 0 out of 10 in our technical rating. SXP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SXP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.62, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SXP in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
3.47
When analyzing the support we notice one important area.
- A support zone ranging from 3.51 to 3.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.67 to 3.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.76 to 3.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.41 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for SXP.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SXP.CA is neutral. |
| ChartMill Relative Strength | 21.92 | NEGATIVE | SXP.CA has a low relative strength, it was outperformed by 78.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SXP.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SXP.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SXP.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.97 | NEUTRAL | The RSI value for SXP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SXP.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.89 | NEUTRAL | The Stochastics value for SXP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for SXP.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17 | NEGATIVE | The low ADX value for SXP.CA suggests a weak or negative trend. |
TSX:SXP (1/5/2026, 7:00:00 PM)
3.63
-0.03 (-0.82%)
SUPREMEX INC / SXP.CA FAQ
Can you provide the ChartMill technical rating for SUPREMEX INC?
ChartMill assigns a technical rating of 0 / 10 to SXP.CA.
What is the current trend direction of SUPREMEX INC (SXP.CA) stock?
The current trend direction for SUPREMEX INC (SXP.CA) is Bearish.
Can you provide the RSI signal for SUPREMEX INC?
SUPREMEX INC (SXP.CA) has an RSI value of 51.9677. This indicates that the stock is currently neutral.
What is the short term momentum for SUPREMEX INC (SXP.CA) stock?
The short term momentum for SUPREMEX INC (SXP.CA) is neutral.