Canada - TSX:SXP - CA86863R1055 - Common Stock
We assign a technical rating of 0 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.
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 3.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.56, a Stop Loss order could be placed below this zone.
3.48
We found 1 important support area.
When analyzing the resistance we notice 4 important areas.
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 | DOWN | NEGATIVE | The short term trend for SXP.CA is down. |
| ChartMill Relative Strength | 10.71 | NEGATIVE | SXP.CA has a low relative strength, it was outperformed by 89.29% 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) | DOWN | NEGATIVE | The current price of SXP.CA is below 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) | 45.39 | 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. |
| Stochastics (14,3) | 32.42 | NEUTRAL | The Stochastics value for SXP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for SXP.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.01 | POSITIVE | The high ADX value value for SXP.CA suggests a strong trend. |
TSX:SXP (10/31/2025, 7:00:00 PM)
3.68
+0.15 (+4.25%)
ChartMill assigns a technical rating of 0 / 10 to SXP.CA.
The current trend direction for SUPREMEX INC (SXP.CA) is Bearish.
SUPREMEX INC (SXP.CA) has an RSI value of 45.3923. This indicates that the stock is currently neutral.
The short term momentum for SUPREMEX INC (SXP.CA) is negative.
The buy/sell signal for SUPREMEX INC (SXP.CA) is sell as both the short term and long term trends are negative.