GRID METALS CORP (GRDM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:GRDM - CA39814L1076 - Common Stock
Taking everything into account, GRDM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GRDM is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that GRDM is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by GRDM over the past year are nicely spread over this period.
- GRDM is one of the better performing stocks in the Metals & Mining industry, it outperforms 80% of 813 stocks in the same industry.
- GRDM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GRDM is lagging the market slightly.
- In the last month GRDM has a been trading in the 0.14 - 0.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, GRDM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.14, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GRDM 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
0.14
When analyzing the support we notice one important area.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages 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 GRDM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRDM.CA is up. |
| ChartMill Relative Strength | 93.26 | POSITIVE | GRDM.CA has a high relative strength, it outperformed 93.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GRDM.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRDM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRDM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.19 | NEUTRAL | The RSI value for GRDM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GRDM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.78 | NEUTRAL | The Stochastics value for GRDM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for GRDM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.86 | NEGATIVE | The low ADX value for GRDM.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 0.16 | 0.13 | 0.03 (20.13%) | 4.97% |
| An entry @0.16. This is a Buy Stop order right above the 10 day moving average. | An exit @0.13. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 20.13%. | When investing 4.97% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:GRDM (1/14/2026, 7:00:00 PM)
0.145
-0.01 (-3.33%)
GRID METALS CORP / GRDM.CA FAQ
Can you provide the ChartMill technical rating for GRID METALS CORP?
ChartMill assigns a technical rating of 10 / 10 to GRDM.CA.
Can you provide the trend direction for GRID METALS CORP?
The current trend direction for GRID METALS CORP (GRDM.CA) is Bullish.
What is the RSI signal for GRDM stock?
GRID METALS CORP (GRDM.CA) has an RSI value of 51.1898. This indicates that the stock is currently neutral.
What is the short term momentum for GRID METALS CORP (GRDM.CA) stock?
The short term momentum for GRID METALS CORP (GRDM.CA) is positive.
Can you provide the support and resistance levels for GRID METALS CORP?
GRID METALS CORP (GRDM.CA) has a support level at 0.14 and a resistance level at 0.15. Check the full technical report for our detailed analysis of GRDM.CA support and resistance levels.