GREENFIRE RESOURCES LTD (GFR.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:GFR - CA39525U1075 - Common Stock
We assign a technical rating of 5 out of 10 to GFR. In the last year, GFR was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
GFR has an average technical rating and the quality of the presented setup is also not ideal 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
6.13
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.71 to 6.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.50 from a trend line in the weekly time frame.
- A support zone ranging from 6.19 to 6.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 7.34 to 7.47. 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 | NEUTRAL | NEUTRAL | The long term trend for GFR.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GFR.CA is up. |
| ChartMill Relative Strength | 13.02 | NEGATIVE | GFR.CA has a low relative strength, it was outperformed by 86.98% 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 | MIXED | The current price of GFR.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.33 | NEUTRAL | The RSI value for GFR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GFR.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.43 | NEUTRAL | The Stochastics value for GFR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.75 | HIGH VOLATILITY | The high ATR as a percentage value for GFR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.37 | NEUTRAL | The ADX value for GFR.CA suggests a possible start of a new trend. |
TSX:GFR (12/5/2025, 7:00:00 PM)
7.01
+0.18 (+2.64%)
GREENFIRE RESOURCES LTD / GFR.CA FAQ
What is the technical rating for GFR stock?
ChartMill assigns a technical rating of 5 / 10 to GFR.CA.
Can you provide the trend direction for GREENFIRE RESOURCES LTD?
The current trend direction for GREENFIRE RESOURCES LTD (GFR.CA) is Bearish.
Can you provide the RSI signal for GREENFIRE RESOURCES LTD?
GREENFIRE RESOURCES LTD (GFR.CA) has an RSI value of 54.3347. This indicates that the stock is currently neutral.
What is the short term momentum for GREENFIRE RESOURCES LTD (GFR.CA) stock?
The short term momentum for GREENFIRE RESOURCES LTD (GFR.CA) is positive.