GREENFIRE RESOURCES LTD (GFR.CA) Stock Technical Analysis
TSX:GFR - Toronto Stock Exchange - CA39525U1075 - Common Stock - Currency: CAD
Taking everything into account, GFR scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. GFR was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
89% of all other stocks performed better in the past year than GFR.
GFR is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, of which 74% are performing better than GFR.
GFR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: GFR has an average volume of 22919 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month GFR has a been trading in the 5.62 - 6.50 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GFR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
5.62
7.03
2 important support areas can be observed.
- A support zone ranging from 6.06 to 6.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.68 to 5.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @6.74 from a trend line in the daily time frame.
- A resistance zone ranging from 6.94 to 6.96. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for GFR.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GFR.CA is neutral. |
| ChartMill Relative Strength | 11.72 | NEGATIVE | GFR.CA has a low relative strength, it was outperformed by 88.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GFR.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GFR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GFR.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.84 | NEUTRAL | The RSI value for GFR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GFR.CA has a positive trend. |
| Stochastics (14,3) | 85.46 | OVERBOUGHT | The high Stochastics value suggests GFR.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for GFR.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.31 | NEGATIVE | The low ADX value for GFR.CA suggests a weak or negative 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:GFR (7/29/2025, 7:00:00 PM)
6.5
+0.25 (+4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg4%
1 Week8.33%
2 Weeks11.49%
1 Month7.26%
3 Month-3.56%
6 Month-30.56%
12 Month-27.46%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%3.66%
ATR Inc15.27%
Range Today0.34
ADR(20)0.22
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.72
Mansfield-2.94
10 Day High6.5
10 Day Low5.64
20 Day High6.5
20 Day Low5.62
52 Week High11.07
52 Week Low5.34
CS1 End6.18
CR1 Start6.74
Volume & EV
DER(3)-0.97%
DER(5)-0.58%
Volume20.14K
Volume Incr-45.98%
Vol(5)11.50K
Vol(50)22.92K