GITENNES EXPLORATION INC (GIT.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:GIT - CA37636Q3044 - Common Stock
We assign a technical rating of 3 out of 10 to GIT. In the last year, GIT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The technical rating of GIT is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.24
We found 2 important support areas.
- Support @0.25 from a trend line in the daily time frame.
- Support @0.24 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.52 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for GIT.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GIT.CA is down. |
| ChartMill Relative Strength | 89.11 | POSITIVE | GIT.CA has a high relative strength, it outperformed 89.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GIT.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GIT.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GIT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.64 | NEUTRAL | The RSI value for GIT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GIT.CA has a positive trend. |
| Stochastics (14,3) | 65.15 | NEUTRAL | The Stochastics value for GIT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.38 | HIGH VOLATILITY | The high ATR as a percentage value for GIT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.97 | NEUTRAL | The ADX value for GIT.CA suggests a possible start of a new trend. |
TSX-V:GIT (3/12/2025, 7:00:00 PM)
0.32
+0.03 (+10.34%)
GITENNES EXPLORATION INC / GIT.CA FAQ
What is the technical rating for GIT stock?
ChartMill assigns a technical rating of 3 / 10 to GIT.CA.
What is the current trend direction of GITENNES EXPLORATION INC (GIT.CA) stock?
The current trend direction for GITENNES EXPLORATION INC (GIT.CA) is Bearish.
Can you provide the RSI signal for GITENNES EXPLORATION INC?
GITENNES EXPLORATION INC (GIT.CA) has an RSI value of 50.6435. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GITENNES EXPLORATION INC?
The MACD indicator for GITENNES EXPLORATION INC (GIT.CA) has a value of 0.00664245, indicating a bearish trend.
Can you provide the support and resistance levels for GITENNES EXPLORATION INC?
GITENNES EXPLORATION INC (GIT.CA) has a support level at 0.25 and a resistance level at 0.38. Check the full technical report for our detailed analysis of GIT.CA support and resistance levels.