Golden Star Resources Ltd (GSS) Stock Technical Analysis
NYSEARCA:GSS - NYSE Arca - Common Stock
Taking everything into account, GSS 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, GSS is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
GSS 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.
GSS has an average volume of 1143080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, GSS did better than 87% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
GSS is part of the Metals & Mining industry. There are 154 other stocks in this industry, GSS did better than 68% of them.
In the last month GSS has a been trading in a tight range between 3.75 and 3.91.
Although GSS has an excellent technical rating, the quality of the presented setup is not ideal 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
3.57
3.95
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.85 to 3.88. 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 3.61 to 3.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 3.91 to 3.91. 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 GSS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GSS is up. |
| ChartMill Relative Strength | 87.14 | POSITIVE | GSS has a high relative strength, it outperformed 87.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GSS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GSS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GSS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.89 | NEUTRAL | The RSI value for GSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GSS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 96.67 | OVERBOUGHT | The high Stochastics value suggests GSS may be overbought. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for GSS suggests low volalility. |
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)
3.9
+0.01 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.26%
1 Week1.04%
2 Weeks1.3%
1 Month3.45%
3 Month23.81%
6 Month47.17%
12 Month3.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.92%
ATR Inc-9.68%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.14
Mansfield2.35
10 Day High3.91
10 Day Low3.82
20 Day High3.91
20 Day Low3.75
52 Week High4.04
52 Week Low2.04
CS1 End3.88
CR1 Start3.91
Volume & EV
DER(3)1.93%
DER(5)1.55%
Volume2.44M
Volume Incr117.16%
Vol(5)1.29M
Vol(50)1.14M