GITENNES EXPLORATION INC (GIT.CA) Stock Technical Analysis
TSX-V:GIT - TSX Venture Exchange - CA37636Q3044 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to GIT. GIT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
GIT is part of the Metals & Mining industry. There are 797 other stocks in this industry. GIT outperforms 76% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, GIT did better than 89% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
GIT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GIT is lagging the market.
In the last month GIT has a been trading in the 0.23 - 0.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
0.53
2 important support areas can be observed.
- Support @0.25 from a trend line in the daily time frame.
- Support @0.24 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- 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. |
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)
TSX-V:GIT (3/12/2025, 7:00:00 PM)
0.32
+0.03 (+10.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg10.34%
1 Week30.61%
2 Weeks14.29%
1 Month-13.51%
3 Month-23.81%
6 Month433.33%
12 Month113.33%
2 Year28%
3 Year-28.89%
5 Year-68%
10 Year-68%
15 Year-96.44%
Volatility
ATR(14)0.02
ATR(20)%9.38%
ATR Inc13.24%
Range Today0.03
ADR(20)0.02
ADR(20)%7.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.11
Mansfield5.02
10 Day High0.32
10 Day Low0.23
20 Day High0.39
20 Day Low0.23
52 Week High1
52 Week Low0
CS1 End0.25
CR1 Start0.38
Volume & EV
DER(3)-24.43%
DER(5)-59.53%
Volume55.02K
Volume Incr84.04%
Vol(5)51.13K
Vol(50)45.51K