SEABRIDGE GOLD INC.
SEABRIDGE GOLD INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SA
ISIN: CA8119161054

SEABRIDGE GOLD INC. - Daily - Technical analysis published on 03/07/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 12.96 USD
My targets
13.60 USD (+2.64%)
14.15 USD (+6.79%)
My analysis
SEABRIDGE GOLD INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 12.96 USD. The next resistance located at 13.60 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 14.15 USD. After this resistance, buyers could then target 16.16 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by PawelBodytko. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The SEABRIDGE GOLD INC. rating is 13.25 USD. The price registered an increase of +1.92% on the session and was between 13.10 USD and 13.34 USD. This implies that the price is at +1.15% from its lowest and at -0.67% from its highest.

13.10
13.34
13.25

Here is a more detailed summary of the historical variations registered by SEABRIDGE GOLD INC.:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of SEABRIDGE GOLD INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : Daily



The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 11.88 12.34 12.96 13.25 13.60 14.15 16.16
Change (%) -10.34% -6.87% -2.19% - +2.64% +6.79% +21.96%
Change -1.37 -0.91 -0.29 - +0.35 +0.90 +2.91
Level Major Minor Major - Intermediate Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.1512.3712.6912.9113.2313.4513.77
Camarilla12.8512.9012.9513.0013.0513.1013.15
Woodie12.1912.4012.7312.9413.2713.4813.81
Fibonacci12.3712.5812.7112.9113.1213.2513.45


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.5710.8411.2811.5511.9912.2612.70
Camarilla11.5311.5911.6611.7211.7911.8511.92
Woodie10.6610.8811.3711.5912.0812.3012.79
Fibonacci10.8411.1111.2811.5511.8211.9912.26


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.308.309.8210.8212.3413.3414.86
Camarilla10.6410.8711.1011.3311.5611.7912.02
Woodie7.558.4310.0710.9512.5913.4715.11
Fibonacci8.309.279.8610.8211.7912.3813.34

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 70.10
MACD (12,26,9): 0.4300
Directional Movement: 26.70
AROON (14): 100.00
DEMA (21): 11.99
Parabolic SAR (0,02-0,02-0,2): 11.06
Elder Ray (13): 1.08
Super Trend (3,10): 11.48
Zig ZAG (10): 13.00
VORTEX (21): 1.1400
Stochastique (14,3,5): 96.17
TEMA (21): 12.45
Williams %R (14): -4.47
Chande Momentum Oscillator (20): 1.82
Repulse (5,40,3): 5.3200
ROCnROLL: 1
TRIX (15,9): 0.3000
Courbe Coppock: 37.03
MA7: 11.97
MA20: 11.19
MA50: 11.15
MA100: 11.36
MAexp7: 12.18
MAexp20: 11.53
MAexp50: 11.28
MAexp100: 11.37
Price / MA7: +10.69%
Price / MA20: +18.41%
Price / MA50: +18.83%
Price / MA100: +16.64%
Price / MAexp7: +8.78%
Price / MAexp20: +14.92%
Price / MAexp50: +17.46%
Price / MAexp100: +16.53%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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