GOOD NATURED PRODUCTS INC (GDNP.CA) Stock Technical Analysis
TSX-V:GDNP - TSX Venture Exchange - CA38210L1094 - Common Stock - Currency: CAD
Taking everything into account, GDNP scores 0 out of 10 in our technical rating. GDNP'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, GDNP is a bad performer in the overall market: 96% of all stocks are doing better.
GDNP is one of the lesser performing stocks in the Chemicals industry. 88% of 28 stocks in the same industry do better.
GDNP is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month GDNP has a been trading in the 0.01 - 0.01 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
GDNP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.01. Right above this resistance zone may be a good entry point.
More info and screens
0.00
0.01
We found 1 important resistance area.
- A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for GDNP.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GDNP.CA is down. |
| ChartMill Relative Strength | 4.96 | NEGATIVE | GDNP.CA has a low relative strength, it was outperformed by 95.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GDNP.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GDNP.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GDNP.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.43 | NEUTRAL | The RSI value for GDNP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GDNP.CA has a positive trend, although the MACD value is declining. |
| Average True Range in percent/ATR (20) | 60 | HIGH VOLATILITY | The high ATR as a percentage value for GDNP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 62.06 | POSITIVE | The high ADX value value for GDNP.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-V:GDNP (10/23/2024, 7:00:00 PM)
0.005
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0%
1 Week0%
2 Weeks0%
1 Month0%
3 Month0%
6 Month-90.91%
12 Month-94.44%
2 Year-98.11%
3 Year-99.37%
5 Year-96.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%60%
ATR Inc-100%
Range Today0
ADR(20)0
ADR(20)%55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.96
Mansfield-9.02
10 Day High0.01
10 Day Low0.01
20 Day High0.01
20 Day Low0.01
52 Week High0.12
52 Week Low0.01
CS1 EndN/A
CR1 Start0.01
Volume & EV
DER(3)2.45%
DER(5)1.95%
Volume1.28M
Volume Incr3.73%
Vol(5)500.12K
Vol(50)342.36K