SOURCE ROCK ROYALTIES LTD (SRR.CA) Stock Technical Analysis
TSX-V:SRR - TSX Venture Exchange - CA83616J1003 - Common Stock - Currency: CAD
Taking everything into account, SRR scores 3 out of 10 in our technical rating. SRR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month SRR has a been trading in the 0.84 - 0.92 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, SRR outperforms 48% of them, which is more or less in line with the market.
SRR is part of the Oil, Gas & Consumable Fuels industry. There are 219 other stocks in this industry, SRR did better than 66% of them.
SRR 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.
SRR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.88, a Stop Loss order could be placed below this zone.
More info and screens
0.77
0.92
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.83 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.78 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @0.88 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.90 to 0.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.8
Mansfield-0.3
10 Day High0.92
10 Day Low0.84
20 Day High0.92
20 Day Low0.84
52 Week High0.98
52 Week Low0.82
Performance
1 Week0%
2 Weeks0%
1 Month0%
3 Month1.15%
6 Month0.57%
12 Month4.76%
2 Year15.79%
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
RSI(14)52.9
LBB0.86
UBB0.9
TSX-V:SRR (3/7/2025, 7:00:00 PM)
0.88
+0.01 (+1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.15%
1 Week0%
2 Weeks0%
1 Month0%
3 Month1.15%
6 Month0.57%
12 Month4.76%
2 Year15.79%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%1.99%
ATR Inc-22.22%
Range Today0.01
ADR(20)0.02
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.8
Mansfield-0.3
10 Day High0.92
10 Day Low0.84
20 Day High0.92
20 Day Low0.84
52 Week High0.98
52 Week Low0.82
CS1 End0.88
CR1 Start0.88
Volume & EV
DER(3)-159.89%
DER(5)-103.67%
Volume3.15K
Volume Incr-14.11%
Vol(5)29.09K
Vol(50)37.14K