Technical Analysis for SHL - Spruce Ridge Resources Ltd

Grade Last Price % Change Price Change
A 0.055 -26.67% -0.020
SHL closed down 26.67 percent on Tuesday, September 26, 2023, on 38 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong N/A N/A Up

Date Alert Name Type % Chg
Wide Range Bar Range Expansion 0.00%
Upper Bollinger Band Walk Strength 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Gapped Down Weakness 0.00%
New 52 Week Closing High Bullish -26.67%
Wide Range Bar Range Expansion -26.67%
New 52 Week High Strength -26.67%
Wide Bands Range Expansion -26.67%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 2 ATRs about 22 hours ago
Down 1 ATR about 22 hours ago
Fell Below Previous Day's Low about 22 hours ago
Possible Inside Day about 23 hours ago
Down 5% 1 day ago

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Profile

Spruce Ridge Resources Ltd., an exploration stage company, engages in the exploration of mineral properties. The company holds 100% interest in the Great Burnt copper-gold property located in Central Newfoundland; and the Foggy Pond property comprising 767 claims covering an area of approximately 19,175 hectares, as well as owns producing oil wells in Unity, Saskatchewan. It also holds an option to acquire 89% interest in the Nora Lake Property located in Ontario. The company was incorporated in 1989 and is headquartered in Puslinch, Canada.
Classification

Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Keywords: Oil Wells

Is SHL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.075
52 Week Low 0.04
Average Volume 327,264
200-Day Moving Average 0.000
50-Day Moving Average 0.000
20-Day Moving Average 0.049
10-Day Moving Average 0.052
Average True Range 0.007
RSI (14) 54.75
ADX 31.33
+DI 41.988
-DI 13.895
Chandelier Exit (Long, 3 ATRs) 0.053
Chandelier Exit (Short, 3 ATRs) 0.062
Upper Bollinger Bands 0.064
Lower Bollinger Band 0.034
Percent B (%b) 0.71
BandWidth 60.656
MACD Line 0.003
MACD Signal Line 0.000
MACD Histogram 0.0022
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.078
Resistance 3 (R3) 0.080 0.075 0.074
Resistance 2 (R2) 0.075 0.069 0.074 0.072
Resistance 1 (R1) 0.065 0.066 0.063 0.063 0.071
Pivot Point 0.060 0.060 0.059 0.059 0.060
Support 1 (S1) 0.050 0.054 0.048 0.048 0.039
Support 2 (S2) 0.045 0.051 0.044 0.038
Support 3 (S3) 0.035 0.045 0.036
Support 4 (S4) 0.033