GREENFIRE RESOURCES LTD (GFR) Stock Technical Analysis
NYSE:GFR • CA39525U1075
We assign a technical rating of 8 out of 10 to GFR. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GFR is only an average performer.
- GFR is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, of which 62% are performing better than GFR.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 5.10 - 6.18 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, GFR turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
- Considerably lower volume is observed in the last couple of days.
GFR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for GFR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- 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.
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4.28
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.69 to 5.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.47 from a trend line in the weekly time frame.
- A support zone ranging from 4.32 to 4.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.07 to 6.15. 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 | UP | POSITIVE | The long term trend for GFR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GFR is up. |
| ChartMill Relative Strength | 52.58 | NEUTRAL | GFR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GFR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GFR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GFR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64 | NEUTRAL | The RSI value for GFR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GFR has a positive trend. |
| Stochastics (14,3) | 89.8 | OVERBOUGHT | The high Stochastics value suggests GFR may be overbought. |
| Average True Range in percent/ATR (20) | 4.52 | MEDIUM VOLATILITY | The ATR as a percentage value for GFR suggests some volalility. |
| Average Directional Index/ADX (14) | 32.72 | POSITIVE | The high ADX value value for GFR suggests a strong 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 |
|---|---|---|---|
| 6.16 | 5.68 | 0.48 (7.79%) | 12.83% |
| An entry @6.16. This is a Buy Stop order right above the resistance zone. | An exit @5.68. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.48 points, which is 7.79%. | For a 1.00% total portfolio risk, you can invest 12.83% of your capital in this trade. |
- 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.
NYSE:GFR (2/23/2026, 1:04:59 PM)
5.97
-0.11 (-1.81%)
GREENFIRE RESOURCES LTD / GFR FAQ
What is the technical rating for GFR stock?
ChartMill assigns a technical rating of 8 / 10 to GFR.
What is the trend direction for GFR stock?
The current trend direction for GREENFIRE RESOURCES LTD (GFR) is Bullish.
Can you provide the RSI signal for GREENFIRE RESOURCES LTD?
GREENFIRE RESOURCES LTD (GFR) has an RSI value of 64. This indicates that the stock is currently neutral.
What is the MACD signal for GREENFIRE RESOURCES LTD (GFR) stock?
The MACD indicator for GREENFIRE RESOURCES LTD (GFR) has a value of 0.01467, indicating a bearish trend.
Can you provide the support and resistance levels for GREENFIRE RESOURCES LTD?
GREENFIRE RESOURCES LTD (GFR) has a support level at 5.73 and a resistance level at 6.09. Check the full technical report for our detailed analysis of GFR support and resistance levels.