GOOD NATURED PRODUCTS INC (GDNP.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:GDNP - CA38210L1094 - Common Stock
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.
Although the technical rating is bad, GDNP does present a nice setup opportunity. 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
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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. |
TSX-V:GDNP (10/23/2024, 7:00:00 PM)
0.005
0 (0%)
GOOD NATURED PRODUCTS INC / GDNP.CA FAQ
Can you provide the ChartMill technical rating for GOOD NATURED PRODUCTS INC?
ChartMill assigns a technical rating of 0 / 10 to GDNP.CA.
What is the trend direction for GDNP stock?
The current trend direction for GOOD NATURED PRODUCTS INC (GDNP.CA) is Bearish.
Can you provide the RSI signal for GOOD NATURED PRODUCTS INC?
GOOD NATURED PRODUCTS INC (GDNP.CA) has an RSI value of 47.4294. This indicates that the stock is currently neutral.
What is the MACD signal for GDNP stock?
The MACD indicator for GOOD NATURED PRODUCTS INC (GDNP.CA) has a value of 2.50271e-7, indicating a bearish trend.
What is the support and resistance level for GDNP stock?
GOOD NATURED PRODUCTS INC (GDNP.CA) has a resistance level at 0.01. Check the full technical report for our detailed analysis of GDNP.CA support and resistance levels.