SUPREMEX INC (SXP.CA) Technical Analysis
TSX:SXP • CA86863R1055
Current stock price
SXP.CA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to SXP. 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, SXP is a bad performer in the overall market: 80% of all stocks are doing better.
- SXP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: SXP has an average volume of 13906 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- SXP is an average performer in the Paper & Forest Products industry, it outperforms 50% of 11 stocks in the same industry.
- In the last month SXP has a been trading in the 3.53 - 3.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
SXP.CA Weekly and Daily overview Charts
SXP.CA Setup Rating and Analysis
SXP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.61, 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
SXP.CA Support and Resistance Analysis
3.47
When analyzing the support we notice one important area.
- A support zone ranging from 3.50 to 3.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 3.66 to 3.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.81 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.91 to 3.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.36 from a horizontal line in the weekly time frame.
SXP.CA Technical Indicator Signal Analysis
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 | 20.68 | NEGATIVE | SXP.CA has a low relative strength, it was outperformed by 79.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SXP.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SXP.CA is below the rising 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) | 48.84 | NEUTRAL | The RSI value for SXP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SXP.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.01 | NEUTRAL | The Stochastics value for SXP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for SXP.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.54 | NEGATIVE | The low ADX value for SXP.CA suggests a weak or negative trend. |
SXP.CA Chart- and CandleStick Pattern Analysis
SXP.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:SXP (5/1/2026, 7:00:00 PM)
3.64
+0.06 (+1.68%)
SUPREMEX INC / SXP.CA TA FAQ
Can you provide the ChartMill technical rating for SUPREMEX INC?
ChartMill assigns a technical rating of 1 / 10 to SXP.CA.
What is the trend direction for SXP stock?
The current trend direction for SUPREMEX INC (SXP.CA) is Bearish.
What is the RSI signal for SXP stock?
SUPREMEX INC (SXP.CA) has an RSI value of 48.8404. This indicates that the stock is currently neutral.
What is the MACD signal for SXP stock?
The MACD indicator for SUPREMEX INC (SXP.CA) has a value of -0.00260947, indicating a bearish trend.
What is the short term momentum for SUPREMEX INC (SXP.CA) stock?
The short term momentum for SUPREMEX INC (SXP.CA) is neutral.