GLOBEX MINING ENTERPRISES (GMX.CA) Stock Technical Analysis
TSX:GMX • CA3799005093
Overall GMX gets a technical rating of 9 out of 10. Both in the recent history as in the last year, GMX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- GMX is part of the Metals & Mining industry. There are 802 other stocks in this industry, of which 60% are performing better than GMX.
- 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 GMX is one of the better performing stocks in the market, outperforming 77% of all stocks. On top of that, GMX also shows a nice and consistent pattern of rising prices.
- GMX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GMX is lagging the market slightly.
- In the last month GMX has a been trading in the 2.31 - 2.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
GMX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
1.35
7 important support areas can be observed.
- Support @2.33 from a horizontal line in the daily time frame.
- Support @1.88 from a trend line in the daily time frame.
- Support @1.71 from a horizontal line in the daily time frame.
- Support @1.66 from a horizontal line in the daily time frame.
- Support @1.56 from a trend line in the weekly time frame.
- Support @1.40 from a trend line in the weekly time frame.
- Support @1.36 from a horizontal 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 GMX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GMX.CA is up. |
| ChartMill Relative Strength | 77.14 | POSITIVE | GMX.CA has a high relative strength, it outperformed 77.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GMX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GMX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GMX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.93 | NEUTRAL | The RSI value for GMX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GMX.CA has a negative trend. |
| Stochastics (14,3) | 40.68 | NEUTRAL | The Stochastics value for GMX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.62 | HIGH VOLATILITY | The high ATR as a percentage value for GMX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.74 | POSITIVE | The high ADX value value for GMX.CA suggests a strong trend. |
TSX:GMX (2/25/2026, 7:00:00 PM)
2.5
-0.09 (-3.47%)
GLOBEX MINING ENTERPRISES / GMX.CA FAQ
What is the ChartMill technical rating of GLOBEX MINING ENTERPRISES (GMX.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to GMX.CA.
What is the trend direction for GMX stock?
The current trend direction for GLOBEX MINING ENTERPRISES (GMX.CA) is Bullish.
What is the RSI signal for GLOBEX MINING ENTERPRISES (GMX.CA) stock?
GLOBEX MINING ENTERPRISES (GMX.CA) has an RSI value of 49.9254. This indicates that the stock is currently neutral.
What is the MACD signal for GMX stock?
The MACD indicator for GLOBEX MINING ENTERPRISES (GMX.CA) has a value of -0.0346092, indicating a bearish trend.
What is the short term momentum for GMX stock?
The short term momentum for GLOBEX MINING ENTERPRISES (GMX.CA) is positive.