GOLDEN PURSUIT RESOURCES LTD (GDP.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:GDP • CA38117L2021
We assign a technical rating of 10 out of 10 to GDP. Both in the recent history as in the last year, GDP has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: GDP has an average volume of 26348 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that GDP is one of the better performing stocks in the market, outperforming 84% of all stocks.
- GDP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GDP is lagging the market slightly.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- GDP is an average performer in the Metals & Mining industry, it outperforms 57% of 820 stocks in the same industry.
- In the last month GDP has a been trading in the 0.21 - 0.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although GDP has an excellent technical rating, it 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
0.21
3 important support areas can be observed.
- Support @0.23 from a trend line in the daily time frame.
- Support @0.22 from a trend line in the weekly time frame.
- Support @0.21 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 | 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 | 84.5 | POSITIVE | GDP.CA has a high relative strength, it outperformed 84.5% 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) | 64.32 | NEUTRAL | The RSI value for GDP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GDP.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.98 | NEUTRAL | The Stochastics value for GDP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.43 | HIGH VOLATILITY | The high ATR as a percentage value for GDP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.96 | POSITIVE | The high ADX value value for GDP.CA suggests a strong trend. |
TSX-V:GDP (1/30/2026, 7:00:00 PM)
0.35
0 (0%)
GOLDEN PURSUIT RESOURCES LTD / GDP.CA FAQ
What is the technical rating for GDP stock?
ChartMill assigns a technical rating of 10 / 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 64.3233. 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 0.23. Check the full technical report for our detailed analysis of GDP.CA support and resistance levels.