GFG RESOURCES INC (GFG.CA) Stock Technical Analysis
TSX-V:GFG - TSX Venture Exchange - CA36165F1018 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to GFG. GFG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month GFG has a been trading in the 0.13 - 0.18 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that GFG is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
GFG is part of the Metals & Mining industry. There are 798 other stocks in this industry, GFG did better than 55% of them.
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.
Volume is considerably higher in the last couple of days.
The technical rating of GFG is bad and it also does not present a 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
0.14
0.18
We can see 3 important resistance areas.
- A resistance 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 resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for GFG.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GFG.CA is down. |
| ChartMill Relative Strength | 77.68 | POSITIVE | GFG.CA has a high relative strength, it outperformed 77.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GFG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GFG.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GFG.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.35 | NEUTRAL | The RSI value for GFG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GFG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.52 | OVERSOLD | The low Stochastics value suggests GFG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.18 | HIGH VOLATILITY | The high ATR as a percentage value for GFG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 37.68 | POSITIVE | The high ADX value value for GFG.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-V:GFG (8/8/2025, 7:00:00 PM)
0.14
+0.01 (+7.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.69%
1 Week3.7%
2 Weeks-6.67%
1 Month-20%
3 Month-31.71%
6 Month-26.32%
12 Month86.67%
2 Year33.33%
3 Year33.33%
5 Year-47.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%5.18%
ATR Inc33.33%
Range Today0.01
ADR(20)0.01
ADR(20)%4.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.68
Mansfield-2.32
10 Day High0.16
10 Day Low0.13
20 Day High0.18
20 Day Low0.13
52 Week High0.23
52 Week Low0.07
CS1 EndN/A
CR1 Start0.15
Volume & EV
DER(3)6.33%
DER(5)7.63%
Volume849.50K
Volume Incr392.95%
Vol(5)445.56K
Vol(50)156.56K