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SILVER SPRUCE RESOURCES INC (SSE.CA) Stock Technical Analysis

TSX-V:SSE - TSX Venture Exchange - CA8282292033 - Common Stock - Currency: CAD

0.01  +0.01 (+100%)

Technical Rating and Analysis

6

Taking everything into account, SSE scores 6 out of 10 in our technical rating. Although SSE has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.

SSE is currently making a new 52 week low. This is a very bad signal. SSE is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month SSE has a been trading in the 0.01 - 0.01 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, SSE did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
SSE is part of the Metals & Mining industry. There are 799 other stocks in this industry, SSE did better than 68% of them.
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
SILVER SPRUCE RESOURCES INC / SSE Weekly stock chart
SILVER SPRUCE RESOURCES INC / SSE Daily stock chart
Setup Rating and Analysis

6

SSE has only a medium 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 0.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.01, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

0.01

0.01

We found 1 important support area.

  • A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines 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
CRS85.76
Mansfield0.84
10 Day High0.01
10 Day Low0.01
20 Day High0.01
20 Day Low0.01
52 Week High0.02
52 Week Low0.01
Performance
1 Week100%
2 Weeks100%
1 Month100%
3 Month100%
6 Month0%
12 Month-50%
2 Year-60%
3 Year-66.67%
5 Year-71.43%
10 Year-71.43%
15 Year-90%
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)56.25
LBB0
UBB0.01
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
0.02-0.010.03 (125.00%)0.80%
An entry @0.02. This is a Buy Stop order right above the resistance zone.An exit @-0.01. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.03 points, which is 125.00%.When investing 0.80% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
SILVER SPRUCE RESOURCES INC / SSE Daily stock chart

SILVER SPRUCE RESOURCES INC

TSX-V:SSE (4/25/2025, 7:00:00 PM)

0.01

+0.01 (+100%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg100%
1 Week100%
2 Weeks100%
1 Month100%
3 Month100%
6 Month0%
12 Month-50%
2 Year-60%
3 Year-66.67%
5 Year-71.43%
10 Year-71.43%
15 Year-90%
Volatility
ATR(14)0
ATR(20)%32.5%
ATR Inc75%
Range Today0.01
ADR(20)0
ADR(20)%20%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.76
Mansfield0.84
10 Day High0.01
10 Day Low0.01
20 Day High0.01
20 Day Low0.01
52 Week High0.02
52 Week Low0.01
CS1 End0.01
CR1 Start0.01
Volume & EV
DER(3)0%
DER(5)0%
Volume1.75M
Volume Incr62.77%
Vol(5)617.62K
Vol(50)335.69K