GOLIATH RESOURCES LTD (GOT.CA) Stock Technical Analysis
TSX-V:GOT - TSX Venture Exchange - CA38171A2092 - Common Stock - Currency: CAD
Overall GOT gets a technical rating of 9 out of 10. Both in the recent history as in the last year, GOT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GOT is one of the better performing stocks in the market, outperforming 92% of all stocks.
GOT is one of the better performing stocks in the Metals & Mining industry, it outperforms 82% of 805 stocks in the same industry.
In the last month GOT has a been trading in the 1.83 - 2.24 range, which is quite wide. It is currently trading near the high of this range.
GOT 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 GOT is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, GOT also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.12
2.25
When analyzing the support we can see 5 important areas.
- Support @1.98 from a trend line in the daily time frame.
- A support zone ranging from 1.89 to 1.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.68 from a trend line in the weekly time frame.
- Support @1.65 from a trend line in the daily time frame.
- Support @1.13 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @2.19 from a horizontal line in the weekly time frame.
- Resistance @2.23 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 GOT.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GOT.CA is up. |
| ChartMill Relative Strength | 92.9 | POSITIVE | GOT.CA has a high relative strength, it outperformed 92.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GOT.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GOT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GOT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.61 | NEUTRAL | The RSI value for GOT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GOT.CA has a positive trend. |
| Stochastics (14,3) | 74.18 | NEUTRAL | The Stochastics value for GOT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.96 | HIGH VOLATILITY | The high ATR as a percentage value for GOT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.78 | NEUTRAL | The ADX value for GOT.CA suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.20 | 1.97 | 0.23 (10.45%) | 9.57% |
| An entry @2.20. This is a Buy Stop order right above the resistance zone. | An exit @1.97. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.23 points, which is 10.45%. | For a 1.00% total portfolio risk, you can invest 9.57% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:GOT (6/4/2025, 7:00:00 PM)
2.18
+0.03 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.4%
1 Week1.87%
2 Weeks6.86%
1 Month-1.8%
3 Month21.79%
6 Month107.62%
12 Month118%
2 Year186.84%
3 Year136.96%
5 Year890.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%5.96%
ATR Inc32.76%
Range Today0.14
ADR(20)0.12
ADR(20)%5.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.9
Mansfield4.53
10 Day High2.24
10 Day Low1.9
20 Day High2.24
20 Day Low1.83
52 Week High2.87
52 Week Low0.9
CS1 End1.98
CR1 Start2.19
Volume & EV
DER(3)-1.77%
DER(5)-3.2%
Volume422.53K
Volume Incr155.41%
Vol(5)523.96K
Vol(50)296.72K