GLOBEX MINING ENTERPRISES (GMX.CA) Stock Technical Analysis
TSX:GMX - Toronto Stock Exchange - CA3799005093 - Common Stock - Currency: CAD
We assign a technical rating of 2 out of 10 to GMX. GMX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: GMX has an average volume of 28852 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 neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, GMX did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
GMX is an average performer in the Metals & Mining industry, it outperforms 62% of 818 stocks in the same industry.
GMX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GMX is lagging the market slightly.
In the last month GMX has a been trading in the 1.23 - 1.47 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 a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.38. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for GMX 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
0.87
1.61
We found 4 important support areas.
- A support zone ranging from 1.32 to 1.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.26 from a trend line in the daily time frame.
- A support zone ranging from 1.23 to 1.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.88 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.38 to 1.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.59 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.93
Mansfield1.65
10 Day High1.43
10 Day Low1.24
20 Day High1.47
20 Day Low1.23
52 Week High1.63
52 Week Low0.8
Performance
1 Week-3.52%
2 Weeks7.87%
1 Month-2.14%
3 Month-8.67%
6 Month28.04%
12 Month28.04%
2 Year85.14%
3 Year15.13%
5 Year260.53%
10 Year661.11%
15 Year-16.97%
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)51.48
LBB1.2
UBB1.41
TSX:GMX (5/13/2025, 7:00:00 PM)
1.37
+0.09 (+7.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.03%
1 Week-3.52%
2 Weeks7.87%
1 Month-2.14%
3 Month-8.67%
6 Month28.04%
12 Month28.04%
2 Year85.14%
3 Year15.13%
5 Year260.53%
10 Year661.11%
15 Year-16.97%
Volatility
ATR(14)0.07
ATR(20)%5.04%
ATR Inc28.57%
Range Today0.08
ADR(20)0.06
ADR(20)%4.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.93
Mansfield1.65
10 Day High1.43
10 Day Low1.24
20 Day High1.47
20 Day Low1.23
52 Week High1.63
52 Week Low0.8
CS1 End1.35
CR1 Start1.38
Volume & EV
DER(3)20.02%
DER(5)17.74%
Volume6.90K
Volume Incr-71.6%
Vol(5)9.98K
Vol(50)28.85K