Logo image of GBAR.CA

Monarch Mining Corporation (GBAR.CA) Stock Technical Analysis

Canada - Toronto Stock Exchange - TSX:GBAR - CA6091611047 - Common Stock

0.005 CAD
0 (0%)
Last: 11/14/2023, 7:00:00 PM
Technical Rating and Analysis

0

Overall GBAR gets a technical rating of 0 out of 10. GBAR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than GBAR.
GBAR is part of the Metals & Mining industry. There are 812 other stocks in this industry, of which 92% are performing better than GBAR.
GBAR is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month GBAR has a been trading in the 0.01 - 0.02 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
Monarch Mining Corporation / GBAR Weekly stock chart
Monarch Mining Corporation / GBAR Daily stock chart
Setup Rating and Analysis

3

The technical rating of GBAR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for GBAR.CA is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for GBAR.CA is down.
ChartMill Relative Strength0.28NEGATIVEGBAR.CA has a low relative strength, it was outperformed by 99.72% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of GBAR.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of GBAR.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of GBAR.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)27.41OVERSOLDThe low RSI value suggests GBAR.CA may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests GBAR.CA has a negative trend, although the MACD value is rising.
Average True Range in percent/ATR (20)55HIGH VOLATILITYThe high ATR as a percentage value for GBAR.CA suggests high volalility.
Average Directional Index/ADX (14)42.49POSITIVEThe high ADX value value for GBAR.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Monarch Mining Corporation / GBAR Daily stock chart

Monarch Mining Corporation

TSX:GBAR (11/14/2023, 7:00:00 PM)

0.005

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-50%
2 Weeks-66.67%
1 Month-75%
3 Month-80%
6 Month-90.91%
12 Month-93.33%
2 Year-99.31%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%55%
ATR Inc-12.5%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.28
3 months CRSN/A
6 months CRSN/A
Mansfield-8.98
10 Day High0.02
10 Day Low0.01
20 Day High0.02
20 Day Low0.01
52 Week High0.08
52 Week Low0.01
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-33.54%
DER(5)-21.55%
Volume477.00K
Volume Incr111.85%
Vol(5)993.30K
Vol(50)368.43K

Monarch Mining Corporation / GBAR.CA FAQ

Can you provide the ChartMill technical rating for Monarch Mining Corporation?

ChartMill assigns a technical rating of 0 / 10 to GBAR.CA.


What is the current trend direction of Monarch Mining Corporation (GBAR.CA) stock?

The current trend direction for Monarch Mining Corporation (GBAR.CA) is Bearish.


What is the RSI signal for Monarch Mining Corporation (GBAR.CA) stock?

Monarch Mining Corporation (GBAR.CA) has an RSI value of 27.4129. This indicates that the stock is currently oversold.


What is the MACD signal for Monarch Mining Corporation (GBAR.CA) stock?

The MACD indicator for Monarch Mining Corporation (GBAR.CA) has a value of -0.00058706, indicating a bearish trend.