GATOS SILVER INC (GATO) Stock Technical Analysis
NYSE:GATO - US3680361090 - Common Stock
14.4 USD
-0.46 (-3.1%)
14.36 USD
-0.04 (-0.28%)
We assign a technical rating of 5 out of 10 to GATO. Although GATO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that GATO is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, GATO also shows a nice and consistent pattern of rising prices.
GATO is part of the Metals & Mining industry. There are 155 other stocks in this industry. GATO outperforms 70% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
GATO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GATO is lagging the market.
In the last month GATO has a been trading in the 13.60 - 15.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
GATO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
11.04
16.93
3 important support areas can be observed.
- Support @14.06 from a trend line in the daily time frame.
- A support zone ranging from 13.69 to 13.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.15 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.44 to 15.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.76 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for GATO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GATO is neutral. |
| ChartMill Relative Strength | 93.38 | POSITIVE | GATO has a high relative strength, it outperformed 93.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GATO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GATO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GATO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.63 | NEUTRAL | The RSI value for GATO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests GATO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.83 | NEUTRAL | The Stochastics value for GATO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.77 | MEDIUM VOLATILITY | The ATR as a percentage value for GATO suggests some volalility. |
| Average Directional Index/ADX (14) | 12.97 | NEGATIVE | The low ADX value for GATO suggests a weak or negative trend. |
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)
14.4
-0.46 (-3.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.1%
1 Week-4.51%
2 Weeks5.11%
1 Month-5.7%
3 Month-22.04%
6 Month12.32%
12 Month140.8%
2 Year179.07%
3 Year363.02%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%4.77%
ATR Inc78.83%
Range Today1.3
ADR(20)0.63
ADR(20)%4.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.38
Mansfield1.29
10 Day High15.68
10 Day Low13.66
20 Day High15.68
20 Day Low13.6
52 Week High20.31
52 Week Low5.42
CS1 End14.06
CR1 Start14.44
Volume & EV
DER(3)-0.5%
DER(5)-1.83%
Volume7.81M
Volume Incr331.8%
Vol(5)1.88M
Vol(50)810.11K