GENERATION MINING LTD (GENM.CA) Stock Technical Analysis
TSX:GENM - Toronto Stock Exchange - CA37149B1094 - Common Stock - Currency: CAD
Taking everything into account, GENM scores 8 out of 10 in our technical rating. GENM has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
GENM is one of the better performing stocks in the Metals & Mining industry, it outperforms 85% of 801 stocks in the same industry.
In the last month GENM has a been trading in the 0.17 - 0.34 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that GENM is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this relatively good performance is mostly due to a recent big move.
GENM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GENM is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GENM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.18
0.32
When analyzing the support we notice one important area.
- A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.32 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 | NEUTRAL | NEUTRAL | The long term trend for GENM.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GENM.CA is up. |
| ChartMill Relative Strength | 94.04 | POSITIVE | GENM.CA has a high relative strength, it outperformed 94.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GENM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GENM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GENM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.72 | OVERBOUGHT | The high RSI value suggests GENM.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GENM.CA has a positive trend. |
| Stochastics (14,3) | 66.52 | NEUTRAL | The Stochastics value for GENM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.48 | HIGH VOLATILITY | The high ATR as a percentage value for GENM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.03 | POSITIVE | The high ADX value value for GENM.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:GENM (5/23/2025, 7:00:00 PM)
0.32
+0.05 (+20.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg20.75%
1 Week77.78%
2 Weeks64.1%
1 Month68.42%
3 Month120.69%
6 Month77.78%
12 Month18.52%
2 Year-31.91%
3 Year-56.16%
5 Year-21.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%6.48%
ATR Inc433.33%
Range Today0.04
ADR(20)0.02
ADR(20)%5.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.04
Mansfield4.75
10 Day High0.34
10 Day Low0.18
20 Day High0.34
20 Day Low0.18
52 Week High0.39
52 Week Low0.11
CS1 End0.18
CR1 Start0.32
Volume & EV
DER(3)-0.25%
DER(5)-0.73%
Volume1.48M
Volume Incr941.6%
Vol(5)1.10M
Vol(50)274.63K