GOLDSHORE RESOURCES INC (GSHR.CA) Stock Technical Analysis
Canada - TSX-V:GSHR - CA38150N1078 - Common Stock
0.425 CAD
+0.02 (+6.25%)
We assign a technical rating of 6 out of 10 to GSHR. Although GSHR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
GSHR 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 GSHR is lagging the market slightly.
When compared to the yearly performance of all other stocks, GSHR outperforms 69% of them, which is more or less in line with the market.
GSHR is part of the Metals & Mining industry. There are 807 other stocks in this industry, GSHR did better than 43% of them.
In the last month GSHR has a been trading in the 0.38 - 0.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GSHR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.36
0.46
5 important support areas can be observed.
- A support zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.37 from a trend line in the daily time frame.
- Support @0.36 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.45 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for GSHR.CA is neutral. |
| ChartMill Relative Strength | 69.9 | NEUTRAL | GSHR.CA is not amongst the best or worst performers 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) | 55.09 | NEUTRAL | The RSI value for GSHR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GSHR.CA has a positive trend. |
| Stochastics (14,3) | 28.13 | NEUTRAL | The Stochastics value for GSHR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.65 | HIGH VOLATILITY | The high ATR as a percentage value for GSHR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.31 | POSITIVE | The high ADX value value for GSHR.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.46 | 0.40 | 0.06 (13.04%) | 7.67% |
| An entry @0.46. This is a Buy Stop order right above the resistance zone. | An exit @0.40. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.06 points, which is 13.04%. | For a 1.00% total portfolio risk, you can invest 7.67% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:GSHR (9/19/2025, 7:00:00 PM)
0.425
+0.02 (+6.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg6.25%
1 Week1.19%
2 Weeks0%
1 Month7.59%
3 Month26.87%
6 Month41.67%
12 Month18.06%
2 Year240%
3 Year117.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%6.65%
ATR Inc-19.54%
Range Today0.03
ADR(20)0.03
ADR(20)%6.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.9
Mansfield1.45
10 Day High0.46
10 Day Low0.39
20 Day High0.49
20 Day Low0.38
52 Week High0.49
52 Week Low0.23
CS1 End0.41
CR1 Start0.45
Volume & EV
DER(3)-1.95%
DER(5)-1.62%
Volume572.85K
Volume Incr8.22%
Vol(5)528.38K
Vol(50)437.92K