GFG RESOURCES INC (GFG.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:GFG • CA36165F1018
Taking everything into account, GFG scores 7 out of 10 in our technical rating. Although GFG is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 86% of all other stocks performed better in the past year than GFG.
- GFG is one of the lesser performing stocks in the Metals & Mining industry. 84% of 814 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- GFG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GFG is lagging the market.
- In the last month GFG has a been trading in the 0.14 - 0.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, GFG also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.15, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GFG in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.14
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.18 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 GFG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GFG.CA is up. |
| ChartMill Relative Strength | 14.69 | NEGATIVE | GFG.CA has a low relative strength, it was outperformed by 85.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GFG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GFG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GFG.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.35 | NEUTRAL | The RSI value for GFG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GFG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.44 | NEUTRAL | The Stochastics value for GFG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for GFG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.25 | NEGATIVE | The low ADX value for GFG.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 |
|---|---|---|---|
| 0.17 | 0.14 | 0.03 (18.64%) | 5.37% |
| An entry @0.17. This is a Buy Stop order right above the 10 day moving average. | An exit @0.14. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 18.64%. | When investing 5.37% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:GFG (1/30/2026, 7:00:00 PM)
0.155
-0.01 (-6.06%)
GFG RESOURCES INC / GFG.CA FAQ
Can you provide the ChartMill technical rating for GFG RESOURCES INC?
ChartMill assigns a technical rating of 7 / 10 to GFG.CA.
What is the current trend direction of GFG RESOURCES INC (GFG.CA) stock?
The current trend direction for GFG RESOURCES INC (GFG.CA) is Bullish.
What is the RSI signal for GFG RESOURCES INC (GFG.CA) stock?
GFG RESOURCES INC (GFG.CA) has an RSI value of 51.346. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GFG RESOURCES INC?
The MACD indicator for GFG RESOURCES INC (GFG.CA) has a value of 0.000286402, indicating a bearish trend.
What are the support and resistance levels for GFG RESOURCES INC (GFG.CA) stock?
GFG RESOURCES INC (GFG.CA) has a support level at 0.15 and a resistance level at 0.17. Check the full technical report for our detailed analysis of GFG.CA support and resistance levels.