Taking everything into account, XPL scores 7 out of 10 in our technical rating. In the last year, XPL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Besides having an excellent technical rating, XPL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for XPL 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.
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We found 6 important support areas.
- Support @0.71 from a trend line in the daily time frame.
- A support zone ranging from 0.67 to 0.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.57 from a trend line in the weekly time frame.
- Support @0.56 from a horizontal line in the weekly time frame.
- Support @0.55 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.72 to 0.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.82 to 0.82. 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 | UP | POSITIVE | The long term trend for XPL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XPL is up. |
| ChartMill Relative Strength | 63.3 | NEUTRAL | XPL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XPL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XPL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XPL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.4 | NEUTRAL | The RSI value for XPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests XPL has a positive trend. |
| Stochastics (14,3) | 80.06 | OVERBOUGHT | The high Stochastics value suggests XPL may be overbought. |
| Average True Range in percent/ATR (20) | 5.95 | HIGH VOLATILITY | The high ATR as a percentage value for XPL suggests high volalility. |
| Average Directional Index/ADX (14) | 28.42 | POSITIVE | The high ADX value value for XPL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.73 | 0.70 | 0.03 (4.11%) | 24.33% |
| An entry @0.73. This is a Buy Stop order right above the resistance zone. | An exit @0.70. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.03 points, which is 4.11%. | When investing 24.33% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of XPL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
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SOLITARIO RESOURCES CORP / XPL FAQ
What is the technical rating for XPL stock?
ChartMill assigns a technical rating of 7 / 10 to XPL.
Can you provide the trend direction for SOLITARIO RESOURCES CORP?
The current trend direction for SOLITARIO RESOURCES CORP (XPL) is Bullish.
Can you provide the RSI signal for SOLITARIO RESOURCES CORP?
SOLITARIO RESOURCES CORP (XPL) has an RSI value of 59.3958. This indicates that the stock is currently neutral.
What is the short term momentum for XPL stock?
The short term momentum for SOLITARIO RESOURCES CORP (XPL) is positive.
Can you provide the buy/sell signal for SOLITARIO RESOURCES CORP?
The buy/sell signal for SOLITARIO RESOURCES CORP (XPL) is buy as both the short term and long term trends are positive.