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GOODFELLOW INC (GDL.CA) Stock Technical Analysis

TSX:GDL - Toronto Stock Exchange - CA38216R1001 - Common Stock - Currency: CAD

11.8  +0.11 (+0.94%)

Technical Rating and Analysis

1

Taking everything into account, GDL scores 1 out of 10 in our technical rating. GDL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, GDL is a bad performer in the overall market: 74% of all stocks are doing better.
GDL is one of the lesser performing stocks in the Trading Companies & Distributors industry. 66% of 13 stocks in the same industry do better.
GDL is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: GDL has an average volume of 3633 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month GDL has a been trading in the 10.41 - 12.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
GOODFELLOW INC / GDL Weekly stock chart
GOODFELLOW INC / GDL Daily stock chart
Setup Rating and Analysis

3

The technical rating of GDL 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.

Support and Resistance Analysis

10.83

14.22

3 important support areas can be observed.

  • A support zone ranging from 11.65 to 11.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @11.13 from a horizontal line in the daily time frame.
  • 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.

When analyzing the resistance we notice 3 important areas.

  • Resistance @12.21 from a horizontal line in the daily time frame.
  • Resistance @12.50 from a horizontal line in the daily time frame.
  • Resistance @14.08 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.84
Mansfield-0.95
10 Day High11.8
10 Day Low11.08
20 Day High12.29
20 Day Low10.41
52 Week High15.2
52 Week Low10.41
Performance
1 Week6.31%
2 Weeks2.61%
1 Month-0.42%
3 Month-4.07%
6 Month-12.92%
12 Month-16.19%
2 Year-5.6%
3 Year6.4%
5 Year195%
10 Year24.34%
15 Year4.52%
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)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)56.9
LBB10.77
UBB11.86
GOODFELLOW INC / GDL Daily stock chart

GOODFELLOW INC

TSX:GDL (5/1/2025, 7:00:00 PM)

11.8

+0.11 (+0.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.94%
1 Week6.31%
2 Weeks2.61%
1 Month-0.42%
3 Month-4.07%
6 Month-12.92%
12 Month-16.19%
2 Year-5.6%
3 Year6.4%
5 Year195%
10 Year24.34%
15 Year4.52%
Volatility
ATR(14)0.27
ATR(20)%2.74%
ATR Inc-60.44%
Range Today0.19
ADR(20)0.26
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.84
Mansfield-0.95
10 Day High11.8
10 Day Low11.08
20 Day High12.29
20 Day Low10.41
52 Week High15.2
52 Week Low10.41
CS1 End11.78
CR1 Start12.21
Volume & EV
DER(3)-29.36%
DER(5)-24.35%
Volume3.21K
Volume Incr-46.39%
Vol(5)2.71K
Vol(50)3.63K