0.787 USD
+0.09 (+12.43%)
0.785 USD
0 (-0.25%)
Taking everything into account, GORO scores 7 out of 10 in our technical rating. GORO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
When comparing the yearly performance of all stocks, we notice that GORO is one of the better performing stocks in the market, outperforming 98% of all stocks.
GORO is one of the better performing stocks in the Metals & Mining industry, it outperforms 96% of 153 stocks in the same industry.
In the last month GORO has a been trading in the 0.62 - 0.79 range, which is quite wide. It is currently trading near the high of this range.
GORO has an average volume of 2140520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
GORO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GORO 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.
Although GORO has an excellent technical rating, it 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
0.52
0.79
When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.68 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.66 from a trend line in the daily time frame.
- Support @0.59 from a trend line in the weekly time frame.
- Support @0.56 from a trend line in the weekly time frame.
- Support @0.53 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for GORO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GORO is neutral. |
| ChartMill Relative Strength | 98.95 | POSITIVE | GORO has a high relative strength, it outperformed 98.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GORO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GORO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GORO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.36 | NEUTRAL | The RSI value for GORO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GORO has a positive trend. |
| Stochastics (14,3) | 58.02 | NEUTRAL | The Stochastics value for GORO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.47 | HIGH VOLATILITY | The high ATR as a percentage value for GORO suggests high volalility. |
| Average Directional Index/ADX (14) | 13.34 | NEGATIVE | The low ADX value for GORO suggests a weak or negative 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)
0.787
+0.09 (+12.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg12.43%
1 Week22.22%
2 Weeks7.37%
1 Month7.21%
3 Month55.78%
6 Month48.49%
12 Month354.39%
2 Year145.78%
3 Year-51.72%
5 Year-73.59%
10 Year-64.71%
15 Year-96.92%
Volatility
ATR(14)0.06
ATR(20)%7.47%
ATR Inc35.58%
Range Today0.07
ADR(20)0.06
ADR(20)%7.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.95
3 months CRS95.93
6 months CRS89.37
Mansfield3.07
10 Day High0.79
10 Day Low0.62
20 Day High0.79
20 Day Low0.62
52 Week High1.18
52 Week Low0.16
CS1 End0.7
CR1 StartN/A
Volume & EV
DER(3)10.55%
DER(5)6.19%
Volume1.53M
Volume Incr-15.06%
Vol(5)1.13M
Vol(50)2.14M
GOLD RESOURCE CORP / GORO FAQ
What is the technical rating for GORO stock?
ChartMill assigns a technical rating of 7 / 10 to GORO.
What is the trend direction for GORO stock?
The current trend direction for GOLD RESOURCE CORP (GORO) is Bearish.
Can you provide the RSI signal for GOLD RESOURCE CORP?
GOLD RESOURCE CORP (GORO) has an RSI value of 57.3601. This indicates that the stock is currently neutral.
What is the MACD signal for GORO stock?
The MACD indicator for GOLD RESOURCE CORP (GORO) has a value of 0.00874411, indicating a bearish trend.