Great Bear Resources Ltd (GBR.CA) Stock Technical Analysis
Canada - TSX-V:GBR - Common Stock
Taking everything into account, GBR scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although GBR has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
26.22
2 important support areas can be observed.
- A support zone ranging from 28.02 to 28.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.48 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 28.52 to 28.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 29.38 to 29.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for GBR.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GBR.CA is neutral. |
| ChartMill Relative Strength | 94.08 | POSITIVE | GBR.CA has a high relative strength, it outperformed 94.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GBR.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GBR.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GBR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.04 | NEUTRAL | The RSI value for GBR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests GBR.CA has a negative trend. |
| Stochastics (14,3) | 50.14 | NEUTRAL | The Stochastics value for GBR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for GBR.CA suggests low volalility. |
TSX-V:GBR (2/23/2022, 7:00:00 PM)
28.15
-0.65 (-2.26%)
Great Bear Resources Ltd / GBR.CA FAQ
Can you provide the ChartMill technical rating for Great Bear Resources Ltd?
ChartMill assigns a technical rating of 7 / 10 to GBR.CA.
What is the current trend direction of Great Bear Resources Ltd (GBR.CA) stock?
The current trend direction for Great Bear Resources Ltd (GBR.CA) is Bullish.
Can you provide the RSI signal for Great Bear Resources Ltd?
Great Bear Resources Ltd (GBR.CA) has an RSI value of 46.0444. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Great Bear Resources Ltd?
The MACD indicator for Great Bear Resources Ltd (GBR.CA) has a value of -0.0698844, indicating a bearish trend.
Can you provide the support and resistance levels for Great Bear Resources Ltd?
Great Bear Resources Ltd (GBR.CA) has a support level at 28.14 and a resistance level at 28.52. Check the full technical report for our detailed analysis of GBR.CA support and resistance levels.