GOLDEN PURSUIT RESOURCES LTD (GDP.CA) Technical Analysis
TSX-V:GDP • CA38117L2021
Overall GDP gets a technical rating of 6 out of 10. In the last year, GDP was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- GDP is part of the Metals & Mining industry. There are 816 other stocks in this industry, of which 69% are performing better than GDP.
- In the last month GDP has a been trading in the 0.26 - 0.45 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: GDP has an average volume of 29655 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the performance of all stocks over the past year, GDP turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- GDP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GDP is lagging the market.
GDP has an average technical rating and it also does not offer a high 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.
More info and screens
0.16
3 important support areas can be observed.
- Support @0.25 from a trend line in the daily time frame.
- Support @0.18 from a trend line in the weekly time frame.
- Support @0.16 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.28 to 0.28. 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 | UP | POSITIVE | The long term trend for GDP.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GDP.CA is neutral. |
| ChartMill Relative Strength | 67.53 | NEUTRAL | GDP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GDP.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GDP.CA is below 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) | 42.5 | NEUTRAL | The RSI value for GDP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GDP.CA has a negative trend. |
| Stochastics (14,3) | 15.56 | OVERSOLD | The low Stochastics value suggests GDP.CA may be oversold. |
| Average True Range in percent/ATR (20) | 16.67 | HIGH VOLATILITY | The high ATR as a percentage value for GDP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.17 | NEUTRAL | The ADX value for GDP.CA suggests a possible start of a new trend. |
GDP.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:GDP (3/3/2026, 7:00:00 PM)
0.27
-0.01 (-3.57%)
GOLDEN PURSUIT RESOURCES LTD / GDP.CA FAQ
What is the technical rating for GDP stock?
ChartMill assigns a technical rating of 6 / 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 42.5005. 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 neutral.
Can you provide the support and resistance levels for GOLDEN PURSUIT RESOURCES LTD?
GOLDEN PURSUIT RESOURCES LTD (GDP.CA) has a support level at 0.25 and a resistance level at 0.28. Check the full technical report for our detailed analysis of GDP.CA support and resistance levels.