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Scorpio Gold Corporation American Depositary Shares

SGLD Technical Analysis Summary (NASDAQ)

Analyze SGLD on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SGLD●NASDAQ
Basic MaterialsGold
$3.58
$0.04(1.10%)
U.S. Market opens in 9h 53m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SGLD Technical Analysis Summary (NASDAQ)

Scorpio Gold Corporation American Depositary Shares (NASDAQ: SGLD) stock currently shows a bearish trend on the NASDAQ, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 18.04)
Trend Strength:Very Strong (ADX: 82.07)
Volatility:High (ATR: 0.32)

Technical conditions suggest Scorpio Gold Corporation American Depositary Shares on the NASDAQ is awaiting a decisive move. This mix signals that Scorpio Gold Corporation American Depositary Shares is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 18.04

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 6.16

Bullish
Oversold zone signals rebound potential.

Williams %R: -96.91

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -26.95

Strongly Bearish
Sharp downside momentum.

Takeaway:Scorpio Gold Corporation American Depositary Shares shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -0.42

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 82.07

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.32

Low
Low volatility, stable price action.

CCI (14): -159.98

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Scorpio Gold Corporation American Depositary Shares shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
-
Middle Band (SMA 20)
-
Lower Band
-
Current Position
Unknown
Keltner Channels
Upper Channel
$4.94
Middle Line (EMA 20)
$4.29
Lower Channel
$3.64
Squeeze Status
Unknown

Takeaway:Scorpio Gold Corporation American Depositary Shares trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-1.30M
Money Flow Index22.00Bearish, selling pressure outweighs inflows.
Relative Vigor Index30.02Bearish, price momentum favors sellers.

Overall Takeaway:SGLD shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Scorpio Gold Corporation American Depositary Shares (NASDAQ: SGLD), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Insufficient data to provide a recommendation for Scorpio Gold Corporation American Depositary Shares.

(NASDAQ: SGLD) Technical Analysis FAQ