GRAPHENE MANUFACTURING GROUP (GMG.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:GMG • AU0000139990
Overall GMG gets a technical rating of 7 out of 10. In the last year, GMG was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month GMG has a been trading in the 1.77 - 3.98 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the yearly performance of all stocks, we notice that GMG is one of the better performing stocks in the market, outperforming 89% of all stocks.
- GMG is part of the Electrical Equipment industry. There are 15 other stocks in this industry. GMG outperforms 92% 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.
- GMG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GMG is lagging the market.
Although GMG has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.36
3 important support areas can be observed.
- A support zone ranging from 2.11 to 2.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.94 from a horizontal line in the daily time frame.
- Support @1.37 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 GMG.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GMG.CA is down. |
| ChartMill Relative Strength | 89.63 | POSITIVE | GMG.CA has a high relative strength, it outperformed 89.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GMG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GMG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GMG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.69 | NEUTRAL | The RSI value for GMG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests GMG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.23 | OVERSOLD | The low Stochastics value suggests GMG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 21.93 | HIGH VOLATILITY | The high ATR as a percentage value for GMG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 37.3 | POSITIVE | The high ADX value value for GMG.CA suggests a strong trend. |
TSX-V:GMG (2/6/2026, 7:00:00 PM)
2.15
+0.2 (+10.26%)
GRAPHENE MANUFACTURING GROUP / GMG.CA FAQ
Can you provide the ChartMill technical rating for GRAPHENE MANUFACTURING GROUP?
ChartMill assigns a technical rating of 7 / 10 to GMG.CA.
What is the trend direction for GMG stock?
The current trend direction for GRAPHENE MANUFACTURING GROUP (GMG.CA) is Bullish.
What is the RSI signal for GMG stock?
GRAPHENE MANUFACTURING GROUP (GMG.CA) has an RSI value of 44.6899. This indicates that the stock is currently neutral.
What is the short term momentum for GRAPHENE MANUFACTURING GROUP (GMG.CA) stock?
The short term momentum for GRAPHENE MANUFACTURING GROUP (GMG.CA) is negative.
Can you provide the buy/sell signal for GRAPHENE MANUFACTURING GROUP?
The buy/sell signal for GRAPHENE MANUFACTURING GROUP (GMG.CA) is hold as the short term and long term trends are mixed.