GRAPHENE MANUFACTURING GROUP (GMG.CA) Stock Technical Analysis
TSX-V:GMG - TSX Venture Exchange - AU0000139990 - Common Stock - Currency: CAD
Taking everything into account, GMG scores 6 out of 10 in our technical rating. In the past year, GMG was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month GMG has a been trading in the 0.57 - 0.86 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.
Looking at the yearly performance, GMG did better than 76% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
GMG is an average performer in the Electrical Equipment industry, it outperforms 50% of 15 stocks in the same industry.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GMG has an average technical rating and it also 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
0.56
0.95
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.57 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.81 to 0.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.94 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 GMG.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GMG.CA is up. |
| ChartMill Relative Strength | 76.8 | POSITIVE | GMG.CA has a high relative strength, it outperformed 76.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GMG.CA is above the rising 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) | 75.28 | OVERBOUGHT | The high RSI value suggests GMG.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GMG.CA has a positive trend. |
| Stochastics (14,3) | 89.26 | OVERBOUGHT | The high Stochastics value suggests GMG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for GMG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.34 | POSITIVE | The high ADX value value for GMG.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:GMG (7/21/2025, 7:00:00 PM)
0.8
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0%
1 Week19.4%
2 Weeks29.03%
1 Month25.98%
3 Month29.03%
6 Month14.29%
12 Month23.08%
2 Year-63.3%
3 Year-77.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%4.88%
ATR Inc56.9%
Range Today0.09
ADR(20)0.04
ADR(20)%4.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.8
Mansfield0.95
10 Day High0.86
10 Day Low0.57
20 Day High0.86
20 Day Low0.57
52 Week High1.21
52 Week Low0.49
CS1 End0.59
CR1 Start0.81
Volume & EV
DER(3)0%
DER(5)0%
Volume344.63K
Volume Incr305.72%
Vol(5)290.36K
Vol(50)82.36K