GEOMEGA RESOURCES INC (GMA.CA) Stock Technical Analysis
TSX-V:GMA • CA37252J1057
We assign a technical rating of 6 out of 10 to GMA. In the last year, GMA was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- GMA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- When comparing the yearly performance of all stocks, we notice that GMA is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, GMA also shows a nice and consistent pattern of rising prices.
- GMA is part of the Metals & Mining industry. There are 807 other stocks in this industry. GMA outperforms 82% of them.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- GMA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GMA is lagging the market.
GMA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GMA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.31
3 important support areas can be observed.
- A support zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.31 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.40 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for GMA.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GMA.CA is down. |
| ChartMill Relative Strength | 93.57 | POSITIVE | GMA.CA has a high relative strength, it outperformed 93.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GMA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GMA.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GMA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.41 | NEUTRAL | The RSI value for GMA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GMA.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for GMA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.12 | HIGH VOLATILITY | The high ATR as a percentage value for GMA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 35.22 | POSITIVE | The high ADX value value for GMA.CA 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 |
|---|---|---|---|
| 0.36 | 0.33 | 0.03 (8.33%) | 12.00% |
| An entry @0.36. This is a Buy Stop order right above the resistance zone. | An exit @0.33. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.03 points, which is 8.33%. | For a 1.00% total portfolio risk, you can invest 12.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GMA. Please evaluate whether better entry and exit points can be found.
- 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.
TSX-V:GMA (2/13/2026, 7:00:00 PM)
0.345
+0.01 (+2.99%)
GEOMEGA RESOURCES INC / GMA.CA FAQ
What is the ChartMill technical rating of GEOMEGA RESOURCES INC (GMA.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to GMA.CA.
Can you provide the trend direction for GEOMEGA RESOURCES INC?
The current trend direction for GEOMEGA RESOURCES INC (GMA.CA) is Bullish.
Can you provide the RSI signal for GEOMEGA RESOURCES INC?
GEOMEGA RESOURCES INC (GMA.CA) has an RSI value of 46.4125. This indicates that the stock is currently neutral.
What is the buy/sell signal for GMA stock?
The buy/sell signal for GEOMEGA RESOURCES INC (GMA.CA) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for GEOMEGA RESOURCES INC?
GEOMEGA RESOURCES INC (GMA.CA) has a support level at 0.34 and a resistance level at 0.35. Check the full technical report for our detailed analysis of GMA.CA support and resistance levels.