GOODFELLOW INC (GDL.CA) Stock Technical Analysis
TSX:GDL - CA38216R1001 - Common Stock
11.41 CAD
-0.03 (-0.26%)
Taking everything into account, GDL scores 0 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, GDL is a bad performer in the overall market: 89% of all stocks are doing better.
GDL is one of the lesser performing stocks in the Trading Companies & Distributors industry. 100% of 12 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. Certainly not because the S&P500 Index is trading near new highs.
GDL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: GDL has an average volume of 3212 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month GDL has a been trading in a tight range between 11.10 and 11.75.
GDL has a poor technical rating and the quality of the setup is also not perfect 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
10.83
13.66
3 important support areas can be observed.
- A support zone ranging from 11.37 to 11.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 5 important areas.
- A resistance zone ranging from 11.49 to 11.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.31 from a trend line in the weekly time frame.
- Resistance @12.67 from a trend line in the daily time frame.
- A resistance zone ranging from 13.11 to 13.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.52 from a trend line in the weekly 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 GDL.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GDL.CA is neutral. |
| ChartMill Relative Strength | 11.69 | NEGATIVE | GDL.CA has a low relative strength, it was outperformed by 88.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GDL.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GDL.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GDL.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.44 | NEUTRAL | The RSI value for GDL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GDL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.5 | NEUTRAL | The Stochastics value for GDL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for GDL.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.02 | POSITIVE | The high ADX value value for GDL.CA suggests a strong 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:GDL (9/2/2025, 7:00:00 PM)
11.41
-0.03 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.26%
1 Week0.97%
2 Weeks0.97%
1 Month-0.78%
3 Month-10.93%
6 Month-0.35%
12 Month-19.99%
2 Year-15.48%
3 Year5.45%
5 Year88.6%
10 Year24.02%
15 Year-1.64%
Volatility
ATR(14)0.16
ATR(20)%1.65%
ATR Inc46.51%
Range Today0.34
ADR(20)0.14
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.69
Mansfield-1.72
10 Day High11.75
10 Day Low11.3
20 Day High11.75
20 Day Low11.1
52 Week High15.2
52 Week Low10.41
CS1 End11.38
CR1 Start11.49
Volume & EV
DER(3)33.7%
DER(5)22.79%
Volume2.96K
Volume Incr20.63%
Vol(5)3.62K
Vol(50)3.21K