GLOBAL BATTERY METALS LTD (GBML.CA) Stock Technical Analysis
TSX-V:GBML - TSX Venture Exchange - CA37958K2083 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to GBML. GBML'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.
When comparing the yearly performance of all stocks, GBML is a bad performer in the overall market: 99% of all stocks are doing better.
GBML is one of the lesser performing stocks in the Metals & Mining industry. 92% of 807 stocks in the same industry do better.
In the last month GBML has a been trading in the 0.13 - 0.15 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.
Warning: GBML has an average volume of 19864 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
GBML is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GBML is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
The technical rating of GBML is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.13
0.30
We can see 3 important resistance areas.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.24 from a trend line in the daily time frame.
- Resistance @0.30 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 | DOWN | NEGATIVE | The long term trend for GBML.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GBML.CA is down. |
| ChartMill Relative Strength | 1.56 | NEGATIVE | GBML.CA has a low relative strength, it was outperformed by 98.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GBML.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GBML.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GBML.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.82 | NEUTRAL | The RSI value for GBML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GBML.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for GBML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for GBML.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.48 | NEGATIVE | The low ADX value for GBML.CA 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)
TSX-V:GBML (6/5/2025, 7:00:00 PM)
0.13
-0.01 (-7.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-7.14%
1 Week-7.14%
2 Weeks-7.14%
1 Month0%
3 Month-56.67%
6 Month-48%
12 Month-62.86%
2 Year-92.35%
3 Year-89.6%
5 Year-78.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%3.46%
ATR Inc16.67%
Range Today0
ADR(20)0
ADR(20)%0.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.56
Mansfield-4.39
10 Day High0.15
10 Day Low0.13
20 Day High0.15
20 Day Low0.13
52 Week High0.4
52 Week Low0
CS1 EndN/A
CR1 Start0.14
Volume & EV
DER(3)0%
DER(5)0%
Volume500
Volume Incr-37.97%
Vol(5)3.06K
Vol(50)19.86K