TSX-V:GRO - TSX Venture Exchange - CA35353L2012 - ETF - Currency: CAD
We assign a technical rating of 3 out of 10 to GRO. In the last year, GRO was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of GRO is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
19.55
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 GRO.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRO.CA is up. |
ChartMill Relative Strength | 0 | NEGATIVE | GRO.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRO.CA is below a declining SMA(20). |
Relative Strength Index/RSI (14) | 53.77 | NEUTRAL | The RSI value for GRO.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.88 | NEGATIVE | The MACD value suggests GRO.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 55.94 | NEUTRAL | The Stochastics value for GRO.CA is a neutral value. |
Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for GRO.CA suggests some volalility. |
Average Directional Index/ADX (14) | 26.76 | POSITIVE | The high ADX value value for GRO.CA suggests a strong trend. |
TSX-V:GRO (5/27/2025, 7:00:00 PM)
22.03
+0.69 (+3.23%)