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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
$3.41
$0.08(2.40%)
U.S. Market opens in 16h 9m

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:Bearish to Weak (RSI: 38.97)
Trend Strength:Very Strong (ADX: 42.79)
Volatility:High (ATR: 0.25)
Support/Resistance:$3.23 – $3.61 (Bollinger Bands)

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): 38.97

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 10.44

Bullish
Oversold zone signals rebound potential.

Williams %R: -80.74

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 0.35

Neutral
Price change is minimal.

Takeaway:Scorpio Gold Corporation American Depositary Shares shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.18

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 42.79

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.25

Low
Low volatility, stable price action.

CCI (14): -63.50

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.61
Middle Band (SMA 20)
$3.42
Lower Band
$3.23
Current Position
Within Bands

Takeaway:Scorpio Gold Corporation American Depositary Shares trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$3.98
Middle Line (EMA 20)
$3.48
Lower Channel
$2.97
Squeeze Status
Squeeze On

Takeaway:Scorpio Gold Corporation American Depositary Shares trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.18M
Money Flow Index69.53Bullish, inflows support continued momentum.
Relative Vigor Index57.63Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SGLD shows bullish money flow, with volume and vigor supporting buyers.

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

No significant bearish signals detected.

Overall Recommendation:Scorpio Gold Corporation American Depositary Shares shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: SGLD) Technical Analysis FAQ