GOLD RESOURCE CORP (GORO)

US38068T1051 - Common Stock

0.4999  +0.04 (+9.63%)

After market: 0.495 0 (-0.98%)

Technical Rating and Analysis

7

Overall GORO gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GORO is only an average performer.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that GORO is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
GORO is an average performer in the Metals & Mining industry, it outperforms 66% of 155 stocks in the same industry.
GORO 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 GORO is lagging the market slightly.
In the last month GORO has a been trading in the 0.35 - 0.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
GORO Weekly chart
GORO Daily chart
Setup Rating and Analysis

4

GORO has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

0.44

0.66

When analyzing the support we can see 2 important areas.

  • Support @0.45 from a horizontal line in the daily time frame.
  • Support @0.44 from a trend line in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.56 from a trend line in the weekly time frame.
  • Resistance @0.59 from a trend line in the weekly time frame.
  • Resistance @0.65 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.89
Mansfield-0.67
10 Day High0.64
10 Day Low0.44
20 Day High0.71
20 Day Low0.35
52 Week High0.99
52 Week Low0.22
Performance
1 Week-6.63%
2 Weeks-11.44%
1 Month38.55%
3 Month77.27%
6 Month18.18%
12 Month-45.77%
2 Year-72.68%
3 Year-81.42%
5 Year-86.34%
10 Year-89.16%
15 YearN/A
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)-0.02
RSI(14)53.24
LBB0.43
UBB0.64
GORO Daily chart

GOLD RESOURCE CORP

NYSEARCA:GORO (4/23/2024, 7:04:00 PM)

After market: 0.495 0 (-0.98%)

0.4999

+0.04 (+9.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg9.63%
1 Week-6.63%
2 Weeks-11.44%
1 Month38.55%
3 Month77.27%
6 Month18.18%
12 Month-45.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%14.43%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.64
10 Day Low0.44
20 Day High0.71
20 Day Low0.35
52 Week High0.99
52 Week Low0.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume703.50K
Volume Incr-46.43%
Vol(5)720.16K
Vol(50)940.23K