SIGMA LITHIUM CORP (SGML.CA) Stock Technical Analysis
TSX-V:SGML - TSX Venture Exchange - CA8265991023 - Common Stock - Currency: CAD
Taking everything into account, SGML scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. SGML was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SGML is a bad performer in the overall market: 70% of all stocks are doing better.
Warning: SGML has an average volume of 7489 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 SGML has a been trading in the 15.47 - 17.60 range, which is quite wide. It is currently trading near the high of this range.
SGML is an average performer in the Metals & Mining industry, it outperforms 46% of 822 stocks in the same industry.
SGML is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is only medium, SGML does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 16.73, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SGML in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.43
17.77
We found 2 important support areas.
- A support zone ranging from 16.34 to 16.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.59 to 15.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @17.59 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.59
Mansfield-0.62
10 Day High17.6
10 Day Low15.47
20 Day High17.6
20 Day Low15.47
52 Week High25.71
52 Week Low11.85
Performance
1 Week3.36%
2 Weeks2.74%
1 Month6.22%
3 Month0.72%
6 Month34.66%
12 Month-7.4%
2 Year-66.8%
3 Year-1.23%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)54.07
LBB15.57
UBB17.57
TSX-V:SGML (3/7/2025, 7:00:00 PM)
16.9
-0.23 (-1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.34%
1 Week3.36%
2 Weeks2.74%
1 Month6.22%
3 Month0.72%
6 Month34.66%
12 Month-7.4%
2 Year-66.8%
3 Year-1.23%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%4.02%
ATR Inc-20.1%
Range Today0.36
ADR(20)0.65
ADR(20)%3.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.59
Mansfield-0.62
10 Day High17.6
10 Day Low15.47
20 Day High17.6
20 Day Low15.47
52 Week High25.71
52 Week Low11.85
CS1 End16.73
CR1 Start17.59
Volume & EV
DER(3)66.92%
DER(5)34.88%
Volume1.23K
Volume Incr-42.3%
Vol(5)5.28K
Vol(50)7.49K