GREENFIRE RESOURCES LTD (GFR) Stock Technical Analysis
NYSE:GFR - New York Stock Exchange, Inc. - CA39525U1075 - Common Stock - Currency: USD
Taking everything into account, GFR scores 4 out of 10 in our technical rating. In the past year, GFR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, GFR is a bad performer in the overall market: 80% of all stocks are doing better.
GFR is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 70% are performing better than GFR.
GFR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GFR is lagging the market.
GFR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
GFR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
4.14
5.22
When analyzing the support we can see 2 important areas.
- Support @4.41 from a trend line in the daily time frame.
- A support zone ranging from 4.18 to 4.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @5.04 from a trend line in the daily time frame.
- A resistance zone ranging from 5.13 to 5.17. 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 is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GFR is up. |
| ChartMill Relative Strength | 20.05 | NEGATIVE | GFR has a low relative strength, it was outperformed by 79.95% off all stocks 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) | DOWN | NEGATIVE | The current price of GFR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.99 | NEUTRAL | The RSI value for GFR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GFR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.8 | NEUTRAL | The Stochastics value for GFR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for GFR suggests some volalility. |
| Average Directional Index/ADX (14) | 22.64 | NEUTRAL | The ADX value for GFR suggests a possible start of a new 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)
NYSE:GFR (6/20/2025, 8:04:01 PM)
4.89
-0.05 (-1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.01%
1 Week1.45%
2 Weeks11.64%
1 Month11.64%
3 Month-5.96%
6 Month-19.7%
12 Month-18.91%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%3.71%
ATR Inc-18.89%
Range Today0.09
ADR(20)0.17
ADR(20)%3.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.05
Mansfield-2.54
10 Day High5.17
10 Day Low4.47
20 Day High5.17
20 Day Low4.13
52 Week High8.16
52 Week Low3.81
CS1 End4.41
CR1 Start5.04
Volume & EV
DER(3)0.51%
DER(5)-1.48%
Volume43.00K
Volume Incr-41.13%
Vol(5)39.16K
Vol(50)76.47K