SUPREMEX INC (SXP.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:SXP - CA86863R1055 - Common Stock
Overall SXP gets a technical rating of 6 out of 10. SXP has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- Warning: SXP has an average volume of 27403 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month SXP has a been trading in the 3.50 - 3.90 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, SXP outperforms 40% of them, which is more or less in line with the market.
- SXP is part of the Paper & Forest Products industry. There are 12 other stocks in this industry, SXP did better than 54% of them.
- SXP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SXP is lagging the market.
- Volume is considerably higher in the last couple of days.
SXP has an average technical rating and the quality of the presented setup is also 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
3.47
We found 2 important support areas.
- A support zone ranging from 3.66 to 3.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.51 to 3.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.91 to 3.91. 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.
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 | NEUTRAL | NEUTRAL | The long term trend for SXP.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SXP.CA is up. |
| ChartMill Relative Strength | 40.83 | NEUTRAL | SXP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SXP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SXP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SXP.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.58 | OVERBOUGHT | The high RSI value suggests SXP.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SXP.CA has a positive trend. |
| Stochastics (14,3) | 94.36 | OVERBOUGHT | The high Stochastics value suggests SXP.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for SXP.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.13 | POSITIVE | The high ADX value value for SXP.CA suggests a strong trend. |
TSX:SXP (1/16/2026, 7:00:00 PM)
3.9
+0.06 (+1.56%)
SUPREMEX INC / SXP.CA FAQ
Can you provide the ChartMill technical rating for SUPREMEX INC?
ChartMill assigns a technical rating of 6 / 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 70.5846. This indicates that the stock is currently overbought.
What is the short term momentum for SUPREMEX INC (SXP.CA) stock?
The short term momentum for SUPREMEX INC (SXP.CA) is positive.