GOLDEN PURSUIT RESOURCES LTD (GDP.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:GDP - CA38117L2021 - Common Stock
Taking everything into account, GDP scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GDP is showing a nice and steady performance.
GDP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GDP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.16
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.20 from a trend line in the weekly time frame.
- Support @0.19 from a horizontal line in the daily time frame.
- Support @0.16 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.26 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for GDP.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GDP.CA is up. |
| ChartMill Relative Strength | 80.07 | POSITIVE | GDP.CA has a high relative strength, it outperformed 80.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GDP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GDP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GDP.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.62 | NEUTRAL | The RSI value for GDP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GDP.CA has a positive trend. |
| Stochastics (14,3) | 76.19 | NEUTRAL | The Stochastics value for GDP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.5 | HIGH VOLATILITY | The high ATR as a percentage value for GDP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.04 | NEGATIVE | The low ADX value for GDP.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.27 | 0.20 | 0.07 (25.93%) | 3.86% |
| An entry @0.27. This is a Buy Stop order right above the resistance zone. | An exit @0.20. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 25.93%. | For a 1.00% total portfolio risk, you can invest 3.86% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:GDP (1/5/2026, 7:00:00 PM)
0.25
0 (0%)
GOLDEN PURSUIT RESOURCES LTD / GDP.CA FAQ
What is the technical rating for GDP stock?
ChartMill assigns a technical rating of 9 / 10 to GDP.CA.
What is the trend direction for GDP stock?
The current trend direction for GOLDEN PURSUIT RESOURCES LTD (GDP.CA) is Bullish.
What is the RSI signal for GOLDEN PURSUIT RESOURCES LTD (GDP.CA) stock?
GOLDEN PURSUIT RESOURCES LTD (GDP.CA) has an RSI value of 57.6168. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GOLDEN PURSUIT RESOURCES LTD?
The short term momentum for GOLDEN PURSUIT RESOURCES LTD (GDP.CA) is positive.
Can you provide the support and resistance levels for GOLDEN PURSUIT RESOURCES LTD?
GOLDEN PURSUIT RESOURCES LTD (GDP.CA) has a support level at 0.21 and a resistance level at 0.26. Check the full technical report for our detailed analysis of GDP.CA support and resistance levels.