GREENFIRE RESOURCES LTD (GFR.CA) Stock Technical Analysis
TSX:GFR • CA39525U1075
Taking everything into account, GFR scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, GFR is a bad performer.
- When comparing the yearly performance of all stocks, GFR is a bad performer in the overall market: 66% of all stocks are doing better.
- GFR is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 70% of 203 stocks in the same industry do better.
- 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.
- The long and short term trends are both positive. This is looking good!
- GFR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GFR is lagging the market slightly.
- In the last month GFR has a been trading in the 7.12 - 8.48 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 an excellent technical rating, but the quality of the setup is only medium 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
5.90
4 important support areas can be observed.
- A support zone ranging from 7.74 to 7.75. 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 6.27 to 6.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.10 from a trend line in the daily time frame.
- Support @5.96 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 GFR.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GFR.CA is up. |
| ChartMill Relative Strength | 34.55 | NEUTRAL | GFR.CA is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of GFR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.19 | NEUTRAL | The RSI value for GFR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GFR.CA has a positive trend. |
| Stochastics (14,3) | 92.07 | OVERBOUGHT | The high Stochastics value suggests GFR.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.06 | MEDIUM VOLATILITY | The ATR as a percentage value for GFR.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 37.87 | POSITIVE | The high ADX value value for GFR.CA suggests a strong trend. |
TSX:GFR (2/20/2026, 7:00:00 PM)
8.38
-0.02 (-0.24%)
GREENFIRE RESOURCES LTD / GFR.CA FAQ
What is the technical rating for GFR stock?
ChartMill assigns a technical rating of 7 / 10 to GFR.CA.
What is the trend direction for GFR stock?
The current trend direction for GREENFIRE RESOURCES LTD (GFR.CA) is Bullish.
Can you provide the RSI signal for GREENFIRE RESOURCES LTD?
GREENFIRE RESOURCES LTD (GFR.CA) has an RSI value of 67.187. This indicates that the stock is currently neutral.
What is the MACD signal for GREENFIRE RESOURCES LTD (GFR.CA) stock?
The MACD indicator for GREENFIRE RESOURCES LTD (GFR.CA) has a value of 0.0362191, indicating a bearish trend.
Can you provide the support and resistance levels for GREENFIRE RESOURCES LTD?
GREENFIRE RESOURCES LTD (GFR.CA) has a support level at 7.75. Check the full technical report for our detailed analysis of GFR.CA support and resistance levels.