GOLDSHORE RESOURCES INC (GSHR.CA) Technical Analysis
TSX-V:GSHR • CA38150N1078
Taking everything into account, GSHR 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, GSHR is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that GSHR is one of the better performing stocks in the market, outperforming 75% of all stocks.
- GSHR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month GSHR has a been trading in the 0.39 - 0.55 range, which is quite wide. It is currently trading near the high of this range.
- GSHR is an average performer in the Metals & Mining industry, it outperforms 40% of 815 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
Although GSHR has an excellent technical rating, it 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
0.37
5 important support areas can be observed.
- A support zone ranging from 0.52 to 0.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.40 from a trend line in the daily time frame.
- Support @0.39 from a trend line in the weekly time frame.
- Support @0.38 from a trend line in the daily time frame.
- Support @0.37 from a trend line in the weekly 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 GSHR.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GSHR.CA is up. |
| ChartMill Relative Strength | 75.35 | POSITIVE | GSHR.CA has a high relative strength, it outperformed 75.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GSHR.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GSHR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GSHR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.51 | OVERBOUGHT | The high RSI value suggests GSHR.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GSHR.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.45 | OVERBOUGHT | The high Stochastics value suggests GSHR.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for GSHR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 39.79 | POSITIVE | The high ADX value value for GSHR.CA suggests a strong trend. |
GSHR.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:GSHR (10/3/2025, 7:00:00 PM)
0.53
0 (0%)
GOLDSHORE RESOURCES INC / GSHR.CA FAQ
What is the ChartMill technical rating of GOLDSHORE RESOURCES INC (GSHR.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to GSHR.CA.
What is the trend direction for GSHR stock?
The current trend direction for GOLDSHORE RESOURCES INC (GSHR.CA) is Bullish.
Can you provide the RSI signal for GOLDSHORE RESOURCES INC?
GOLDSHORE RESOURCES INC (GSHR.CA) has an RSI value of 70.5124. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for GOLDSHORE RESOURCES INC?
The buy/sell signal for GOLDSHORE RESOURCES INC (GSHR.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for GSHR stock?
GOLDSHORE RESOURCES INC (GSHR.CA) has a support level at 0.52. Check the full technical report for our detailed analysis of GSHR.CA support and resistance levels.