GALORE RESOURCES INC (GRI.CA) Stock Technical Analysis
Canada - TSX-V:GRI - CA3640961072 - Common Stock
We assign a technical rating of 5 out of 10 to GRI. In the last year, GRI was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Although the technical rating is only medium, GRI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.02, a Stop Loss order could be placed below this zone.
More info and screens
0.01
When analyzing the support we can see 2 important areas.
- Support @0.02 from a horizontal line in the daily time frame.
- Support @0.01 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 GRI.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GRI.CA is neutral. |
| ChartMill Relative Strength | 84.25 | POSITIVE | GRI.CA has a high relative strength, it outperformed 84.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GRI.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GRI.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.63 | NEUTRAL | The RSI value for GRI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GRI.CA has a negative trend. |
| Stochastics (14,3) | 60 | NEUTRAL | The Stochastics value for GRI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 35.83 | HIGH VOLATILITY | The high ATR as a percentage value for GRI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.63 | NEUTRAL | The ADX value for GRI.CA suggests a possible start of a new trend. |
TSX-V:GRI (11/4/2025, 7:00:00 PM)
0.03
-0.01 (-14.29%)
GALORE RESOURCES INC / GRI.CA FAQ
What is the ChartMill technical rating of GALORE RESOURCES INC (GRI.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to GRI.CA.
Can you provide the trend direction for GALORE RESOURCES INC?
The current trend direction for GALORE RESOURCES INC (GRI.CA) is Bearish.
Can you provide the RSI signal for GALORE RESOURCES INC?
GALORE RESOURCES INC (GRI.CA) has an RSI value of 46.6291. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GALORE RESOURCES INC?
The MACD indicator for GALORE RESOURCES INC (GRI.CA) has a value of -0.000263464, indicating a bearish trend.
What is the support and resistance level for GRI stock?
GALORE RESOURCES INC (GRI.CA) has a support level at 0.02 and a resistance level at 0.03. Check the full technical report for our detailed analysis of GRI.CA support and resistance levels.