SUPREMEX INC (SXP.CA) Stock Technical Analysis
TSX:SXP - Toronto Stock Exchange - CA86863R1055 - Common Stock - Currency: CAD
Overall SXP gets a technical rating of 4 out of 10. SXP has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, SXP is a bad performer in the overall market: 66% of all stocks are doing better.
Warning: SXP has an average volume of 19435 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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SXP is an average performer in the Paper & Forest Products industry, it outperforms 63% of 12 stocks in the same industry.
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.
In the last month SXP has a been trading in the 3.75 - 4.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
3.48
4.55
We found 3 important support areas.
- A support zone ranging from 3.79 to 3.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.71 from a horizontal line in the daily time frame.
- A support zone ranging from 3.52 to 3.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.18 to 4.21. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 4.49 to 4.50. This zone is formed by a combination of multiple trend lines 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 | 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 | 34.84 | NEUTRAL | SXP.CA is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of SXP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SXP.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.74 | NEUTRAL | The RSI value for SXP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SXP.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.67 | NEUTRAL | The Stochastics value for SXP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for SXP.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.2 | NEGATIVE | The low ADX value for SXP.CA suggests a weak or negative 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:SXP (7/14/2025, 7:00:00 PM)
4
-0.2 (-4.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-4.76%
1 Week6.1%
2 Weeks4.99%
1 Month-1.23%
3 Month6.67%
6 Month8.7%
12 Month-0.74%
2 Year-37.3%
3 Year15.61%
5 Year253.98%
10 Year-31.74%
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%3.38%
ATR Inc110.43%
Range Today0.16
ADR(20)0.12
ADR(20)%2.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.84
Mansfield-0.58
10 Day High4.25
10 Day Low3.75
20 Day High4.25
20 Day Low3.75
52 Week High4.53
52 Week Low3.4
CS1 End3.95
CR1 Start4.18
Volume & EV
DER(3)0%
DER(5)0%
Volume38.98K
Volume Incr180.13%
Vol(5)51.41K
Vol(50)19.44K