GOLD RESERVE LTD (GRZ.CA) Stock Technical Analysis
TSX-V:GRZ - TSX Venture Exchange - BMG4R86G1074 - Common Stock - Currency: CAD
Taking everything into account, GRZ scores 9 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, GRZ is showing a nice and steady performance.
Warning: GRZ has an average volume of 19593 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
GRZ is one of the better performing stocks in the Metals & Mining industry, it outperforms 84% of 805 stocks in the same industry.
GRZ 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 GRZ is lagging the market slightly.
In the last month GRZ has a been trading in the 2.70 - 5.78 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, GRZ did better than 93% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GRZ has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.03
5.69
We found 4 important support areas.
- Support @5.13 from a trend line in the daily time frame.
- Support @3.25 from a trend line in the daily time frame.
- Support @2.10 from a horizontal line in the daily time frame.
- Support @2.05 from a horizontal 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 | UP | POSITIVE | The long term trend for GRZ.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRZ.CA is up. |
| ChartMill Relative Strength | 93.07 | POSITIVE | GRZ.CA has a high relative strength, it outperformed 93.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRZ.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRZ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRZ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.34 | OVERBOUGHT | The high RSI value suggests GRZ.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests GRZ.CA has a positive trend. |
| Stochastics (14,3) | 93 | OVERBOUGHT | The high Stochastics value suggests GRZ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.56 | HIGH VOLATILITY | The high ATR as a percentage value for GRZ.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 65.76 | POSITIVE | The high ADX value value for GRZ.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:GRZ (7/18/2025, 7:00:00 PM)
5.63
+0.66 (+13.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg13.28%
1 Week15.13%
2 Weeks27.66%
1 Month87.67%
3 Month163.08%
6 Month165.57%
12 Month2.36%
2 Year42.89%
3 Year402.68%
5 Year124.3%
10 Year44.36%
15 Year498.94%
Volatility
ATR(14)0.46
ATR(20)%6.56%
ATR Inc27.6%
Range Today0.78
ADR(20)0.33
ADR(20)%5.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.07
Mansfield6.59
10 Day High5.78
10 Day Low4.37
20 Day High5.78
20 Day Low2.7
52 Week High5.99
52 Week Low1.6
CS1 End5.13
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume110.09K
Volume Incr46.88%
Vol(5)43.25K
Vol(50)19.59K