GOODFELLOW INC (GDL.CA) Stock Technical Analysis
Canada - TSX:GDL - CA38216R1001 - Common Stock
Overall GDL gets a technical rating of 5 out of 10. In the past year, GDL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, GDL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 11.82, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GDL in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.83
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.59 to 11.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.13 to 11.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.94 to 10.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @12.31 from a trend line in the weekly time frame.
- Resistance @12.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 13.11 to 13.24. 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 | NEUTRAL | NEUTRAL | The long term trend for GDL.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GDL.CA is up. |
| ChartMill Relative Strength | 19.96 | NEGATIVE | GDL.CA has a low relative strength, it was outperformed by 80.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GDL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GDL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GDL.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.89 | NEUTRAL | The RSI value for GDL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GDL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.82 | NEUTRAL | The Stochastics value for GDL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for GDL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.06 | NEUTRAL | The ADX value for GDL.CA suggests a possible start of a new trend. |
TSX:GDL (11/7/2025, 7:00:00 PM)
12.08
-0.01 (-0.08%)
GOODFELLOW INC / GDL.CA FAQ
What is the technical rating for GDL stock?
ChartMill assigns a technical rating of 5 / 10 to GDL.CA.
Can you provide the trend direction for GOODFELLOW INC?
The current trend direction for GOODFELLOW INC (GDL.CA) is Bearish.
Can you provide the RSI signal for GOODFELLOW INC?
GOODFELLOW INC (GDL.CA) has an RSI value of 56.8941. This indicates that the stock is currently neutral.
What is the MACD signal for GOODFELLOW INC (GDL.CA) stock?
The MACD indicator for GOODFELLOW INC (GDL.CA) has a value of 0.012628, indicating a bearish trend.
What is the support and resistance level for GDL stock?
GOODFELLOW INC (GDL.CA) has a support level at 11.82 and a resistance level at 12.31. Check the full technical report for our detailed analysis of GDL.CA support and resistance levels.