Golden Star Resources Ltd (GSS) Stock Technical Analysis
USA - NYSEARCA:GSS - Common Stock
Overall GSS gets a technical rating of 9 out of 10. 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.
GSS has an excellent technical rating, but the quality of the setup is only medium 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
2 important support areas can be observed.
- 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.
When analyzing the resistance we notice one important 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. |
3.9
+0.01 (+0.26%)
Golden Star Resources Ltd / GSS FAQ
What is the ChartMill technical rating of Golden Star Resources Ltd (GSS) stock?
ChartMill assigns a technical rating of 8 / 10 to GSS.
Can you provide the trend direction for Golden Star Resources Ltd?
The current trend direction for Golden Star Resources Ltd (GSS) is Bullish.
What is the RSI signal for Golden Star Resources Ltd (GSS) stock?
Golden Star Resources Ltd (GSS) has an RSI value of 68.8854. This indicates that the stock is currently neutral.
What is the MACD signal for Golden Star Resources Ltd (GSS) stock?
The MACD indicator for Golden Star Resources Ltd (GSS) has a value of -0.00275955, indicating a bearish trend.
Can you provide the support and resistance levels for Golden Star Resources Ltd?
Golden Star Resources Ltd (GSS) has a support level at 3.88 and a resistance level at 3.91. Check the full technical report for our detailed analysis of GSS support and resistance levels.