SKEENA RESOURCES LTD (SKE)

CA83056P7157 - Common Stock

8.58  -0.2 (-2.28%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to SKE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SKE is showing a nice and steady performance.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
SKE is part of the Metals & Mining industry. There are 156 other stocks in this industry. SKE outperforms 96% of them.
SKE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SKE has a been trading in the 7.22 - 8.90 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, SKE did better than 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
SKE Weekly chart
SKE Daily chart
Setup Rating and Analysis

3

Although SKE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

4.12

8.67

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 7.86 to 7.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 6.92 to 7.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @6.49 from a trend line in the weekly time frame.
  • Support @5.04 from a trend line in the weekly time frame.
  • Support @4.16 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.04
Mansfield5.8
10 Day High8.9
10 Day Low7.22
20 Day High8.9
20 Day Low7.22
52 Week High8.9
52 Week Low3.05
Performance
1 Week16.14%
2 Weeks15.98%
1 Month14.62%
3 Month93.82%
6 Month97.3%
12 Month87.21%
2 Year87.61%
3 YearN/A
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)0.05
RSI(14)69.54
LBB7.02
UBB8.65
SKE Daily chart

SKEENA RESOURCES LTD

NYSE:SKE (9/16/2024, 3:05:56 PM)

8.58

-0.2 (-2.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.28%
1 Week16.14%
2 Weeks15.98%
1 Month14.62%
3 Month93.82%
6 Month97.3%
12 Month87.21%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.34
ATR(20)%4.43%
ATR Inc
Range Today0.43
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.9
10 Day Low7.22
20 Day High8.9
20 Day Low7.22
52 Week High8.9
52 Week Low3.05
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume224.59K
Volume Incr-44.49%
Vol(5)309.18K
Vol(50)485.36K