Canada - TSX:GRGD - CA39944C1005 - Common Stock
Taking everything into account, GRGD scores 7 out of 10 in our technical rating. Although GRGD is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although GRGD has an excellent technical rating, the quality of the presented setup is not ideal 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.
41.00
2 important support areas can be observed.
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 GRGD.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRGD.CA is up. |
ChartMill Relative Strength | 0 | NEGATIVE | GRGD.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRGD.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRGD.CA is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 85.54 | OVERBOUGHT | The high RSI value suggests GRGD.CA may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.7 | POSITIVE | The MACD value suggests GRGD.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 94.12 | OVERBOUGHT | The high Stochastics value suggests GRGD.CA may be overbought. |
Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for GRGD.CA suggests some volalility. |
Average Directional Index/ADX (14) | 63.43 | POSITIVE | The high ADX value value for GRGD.CA suggests a strong 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 |
---|---|---|---|
60.74 | 57.50 | 3.24 (5.33%) | 18.75% |
An entry @60.74. This is a Buy Stop order right above the 10 day high. | An exit @57.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.24 points, which is 5.33%. | For a 1.00% total portfolio risk, you can invest 18.75% of your capital in this trade. |
TSX:GRGD (9/25/2025, 7:00:00 PM)
59.54
+0.65 (+1.1%)