Golden Predator Mining Corp (GPY.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:GPY -
Taking everything into account, GPY scores 3 out of 10 in our technical rating. In the past year, GPY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 92% of all other stocks performed better in the past year than GPY.
- GPY is one of the lesser performing stocks in the Metals & Mining industry. 88% of 817 stocks in the same industry do better.
- GPY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month GPY has a been trading in the 0.14 - 0.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GPY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.15, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GPY 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
0.15
When analyzing the support we notice one important area.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.23 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 | DOWN | NEGATIVE | The long term trend for GPY.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GPY.CA is up. |
| ChartMill Relative Strength | 8.46 | NEGATIVE | GPY.CA has a low relative strength, it was outperformed by 91.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GPY.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GPY.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GPY.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.55 | NEUTRAL | The RSI value for GPY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GPY.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.78 | NEUTRAL | The Stochastics value for GPY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for GPY.CA suggests high volalility. |
TSX-V:GPY (9/1/2021, 7:00:00 PM)
0.16
0 (0%)
Golden Predator Mining Corp / GPY.CA FAQ
What is the technical rating for GPY stock?
ChartMill assigns a technical rating of 3 / 10 to GPY.CA.
What is the trend direction for GPY stock?
The current trend direction for Golden Predator Mining Corp (GPY.CA) is Bearish.
What is the RSI signal for GPY stock?
Golden Predator Mining Corp (GPY.CA) has an RSI value of 55.5515. This indicates that the stock is currently neutral.
What is the buy/sell signal for Golden Predator Mining Corp (GPY.CA) stock?
The buy/sell signal for Golden Predator Mining Corp (GPY.CA) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for Golden Predator Mining Corp (GPY.CA) stock?
Golden Predator Mining Corp (GPY.CA) has a support level at 0.15 and a resistance level at 0.23. Check the full technical report for our detailed analysis of GPY.CA support and resistance levels.