GOLDSHORE RESOURCES INC (GSHR.CA) Stock Technical Analysis
Canada - TSX-V:GSHR - CA38150N1078 - Common Stock
We assign a technical rating of 9 out of 10 to GSHR. Both in the recent history as in the last year, GSHR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although GSHR has an excellent technical rating, it does not present a decent entry opportunity 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
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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. |
TSX-V:GSHR (10/3/2025, 7:00:00 PM)
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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 current trend direction of GOLDSHORE RESOURCES INC (GSHR.CA) 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.
What is the short term momentum for GOLDSHORE RESOURCES INC (GSHR.CA) stock?
The short term momentum for GOLDSHORE RESOURCES INC (GSHR.CA) is positive.
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.