GOLDBANK MINING CORP (GLB.CA) Stock Technical Analysis
TSX-V:GLB - TSX Venture Exchange - CA38076A2056 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to GLB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GLB is showing a nice and steady performance.
Warning: GLB has an average volume of 10397 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GLB is one of the better performing stocks in the market, outperforming 98% of all stocks.
GLB is part of the Metals & Mining industry. There are 797 other stocks in this industry. GLB outperforms 97% of them.
GLB is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GLB has a been trading in the 0.24 - 0.40 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GLB has an excellent technical rating, it does not offer a high 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
0.29
0.40
2 important support areas can be observed.
- A support zone ranging from 0.30 to 0.30. 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 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages 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 GLB.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GLB.CA is up. |
| ChartMill Relative Strength | 98.7 | POSITIVE | GLB.CA has a high relative strength, it outperformed 98.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.77 | OVERBOUGHT | The high RSI value suggests GLB.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GLB.CA has a positive trend. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests GLB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for GLB.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.9 | POSITIVE | The high ADX value value for GLB.CA suggests a strong 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:GLB (7/31/2025, 7:00:00 PM)
0.4
+0.05 (+14.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg14.29%
1 Week37.93%
2 Weeks35.59%
1 Month42.86%
3 Month50.94%
6 Month110.53%
12 Month471.43%
2 Year344.44%
3 Year128.57%
5 Year207.69%
10 Year1042.86%
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%5.5%
ATR Inc22.81%
Range Today0
ADR(20)0.01
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.7
Mansfield4.23
10 Day High0.4
10 Day Low0.28
20 Day High0.4
20 Day Low0.24
52 Week High0.4
52 Week Low0.07
CS1 End0.3
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume5.00K
Volume Incr194.94%
Vol(5)22.40K
Vol(50)10.40K