GOLD RESERVE LTD (GRZ.CA) Stock Technical Analysis
TSX-V:GRZ - TSX Venture Exchange - BMG4R86G1074 - Common Stock - Currency: CAD
Overall GRZ gets a technical rating of 6 out of 10. GRZ has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, GRZ is a bad performer in the overall market: 90% of all stocks are doing better.
GRZ is part of the Metals & Mining industry. There are 811 other stocks in this industry, of which 77% are performing better than GRZ.
GRZ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GRZ is lagging the market.
Warning: GRZ has an average volume of 7960 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month GRZ has a been trading in the 1.90 - 3.10 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GRZ has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
1.85
3.32
We found 3 important support areas.
- A support zone ranging from 2.71 to 2.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.95 to 1.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.87 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @3.01 from a horizontal line in the daily time frame.
- Resistance @3.07 from a horizontal line in the weekly time frame.
- Resistance @3.29 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for GRZ.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRZ.CA is up. |
| ChartMill Relative Strength | 10.03 | NEGATIVE | GRZ.CA has a low relative strength, it was outperformed by 89.97% 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) | DOWN | MIXED | The current price of GRZ.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.27 | NEUTRAL | The RSI value for GRZ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GRZ.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.29 | OVERBOUGHT | The high Stochastics value suggests GRZ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.36 | HIGH VOLATILITY | The high ATR as a percentage value for GRZ.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 35.18 | 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 (6/20/2025, 7:00:00 PM)
2.99
-0.01 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.33%
1 Week7.17%
2 Weeks13.69%
1 Month39.72%
3 Month-2.29%
6 Month53.33%
12 Month-51.14%
2 Year14.12%
3 Year199%
5 Year28.88%
10 Year-38.98%
15 Year251.77%
Volatility
ATR(14)0.13
ATR(20)%5.36%
ATR Inc11.53%
Range Today0.04
ADR(20)0.12
ADR(20)%4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.03
Mansfield-1.12
10 Day High3.1
10 Day Low2.63
20 Day High3.1
20 Day Low1.9
52 Week High6.33
52 Week Low1.6
CS1 End2.71
CR1 Start3.01
Volume & EV
DER(3)0%
DER(5)0%
Volume5.80K
Volume Incr-7.34%
Vol(5)8.12K
Vol(50)7.96K