GOLD STANDARD VENTURES CORP (GSV.CA) Stock Technical Analysis
Canada - TSX:GSV - CA3807381049 - Common Stock
0.555 CAD
0 (0%)
Overall GSV gets a technical rating of 7 out of 10. Although GSV has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month GSV has a been trading in the 0.37 - 0.56 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, GSV did better than 85% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
GSV is part of the Metals & Mining industry. There are 810 other stocks in this industry, GSV did better than 61% of them.
GSV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GSV is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GSV 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
0.55
0.60
We can see 2 important resistance areas.
- Resistance @0.56 from a horizontal line in the weekly time frame.
- Resistance @0.59 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for GSV.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GSV.CA is up. |
| ChartMill Relative Strength | 85.56 | POSITIVE | GSV.CA has a high relative strength, it outperformed 85.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GSV.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GSV.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GSV.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.22 | OVERBOUGHT | The high RSI value suggests GSV.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GSV.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.53 | OVERBOUGHT | The high Stochastics value suggests GSV.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for GSV.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.61 | POSITIVE | The high ADX value value for GSV.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)
TSX:GSV (8/15/2022, 7:00:00 PM)
0.555
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week6.73%
2 Weeks23.33%
1 Month50%
3 Month14.43%
6 Month11%
12 Month-2.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%4.05%
ATR Inc31.25%
Range Today0.02
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
CRS85.56
Mansfield0.44
10 Day High0.56
10 Day Low0.43
20 Day High0.56
20 Day Low0.37
52 Week High0.69
52 Week Low0.36
CS1 EndN/A
CR1 Start0.56
Volume & EV
DER(3)4.81%
DER(5)10.21%
Volume50.87K
Volume Incr313.16%
Vol(5)460.96K
Vol(50)202.03K