GOLDENEYE RESOURCES CORP (GOE.CA) Technical Analysis
TSX-V:GOE • CA38136K3001
Current stock price
GOE.CA Technical Rating and Analysis
Taking everything into account, GOE scores 0 out of 10 in our technical rating. GOE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 98% of all other stocks performed better in the past year than GOE.
- GOE is part of the Metals & Mining industry. There are 801 other stocks in this industry, of which 92% are performing better than GOE.
- GOE is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month GOE has a been trading in the 0.01 - 0.04 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.
- Considerably lower volume is observed in the last couple of days.
GOE.CA Weekly and Daily overview Charts
GOE.CA Setup Rating and Analysis
The technical rating of GOE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
GOE.CA Support and Resistance Analysis
0.01
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
GOE.CA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for GOE.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GOE.CA is down. |
| ChartMill Relative Strength | 2.41 | NEGATIVE | GOE.CA has a low relative strength, it was outperformed by 97.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GOE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GOE.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GOE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.93 | OVERSOLD | The low RSI value suggests GOE.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GOE.CA has a negative trend. |
| Average True Range in percent/ATR (20) | 11.67 | HIGH VOLATILITY | The high ATR as a percentage value for GOE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.61 | NEGATIVE | The low ADX value for GOE.CA suggests a weak or negative trend. |
GOE.CA Chart- and CandleStick Pattern Analysis
GOE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:GOE (9/1/2022, 7:00:00 PM)
0.015
-0.01 (-25%)
GOLDENEYE RESOURCES CORP / GOE.CA TA FAQ
What is the technical rating for GOE stock?
ChartMill assigns a technical rating of 0 / 10 to GOE.CA.
What is the trend direction for GOE stock?
The current trend direction for GOLDENEYE RESOURCES CORP (GOE.CA) is Bearish.
What is the RSI signal for GOE stock?
GOLDENEYE RESOURCES CORP (GOE.CA) has an RSI value of 27.9316. This indicates that the stock is currently oversold.
Can you provide the MACD signal for GOLDENEYE RESOURCES CORP?
The MACD indicator for GOLDENEYE RESOURCES CORP (GOE.CA) has a value of -0.000759011, indicating a bearish trend.
Can you provide the buy/sell signal for GOLDENEYE RESOURCES CORP?
The buy/sell signal for GOLDENEYE RESOURCES CORP (GOE.CA) is sell as both the short term and long term trends are negative.