GENSOURCE POTASH CORP (GSP.CA) Stock Technical Analysis
TSX-V:GSP - TSX Venture Exchange - CA37252X1042 - Common Stock - Currency: CAD
Overall GSP gets a technical rating of 5 out of 10. In the past year, GSP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, GSP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.08, a Stop Loss order could be placed below this zone.
More info and screens
0.06
3 important support areas can be observed.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.06 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.09 to 0.09. 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 | NEUTRAL | NEUTRAL | The long term trend for GSP.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GSP.CA is up. |
| ChartMill Relative Strength | 35.74 | NEUTRAL | GSP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GSP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GSP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GSP.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.94 | NEUTRAL | The RSI value for GSP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GSP.CA has a positive trend. |
| Stochastics (14,3) | 75 | NEUTRAL | The Stochastics value for GSP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.47 | HIGH VOLATILITY | The high ATR as a percentage value for GSP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.08 | POSITIVE | The high ADX value value for GSP.CA suggests a strong trend. |
TSX-V:GSP (7/25/2025, 7:00:00 PM)
0.085
0 (0%)