GRAN TIERRA ENERGY INC (GTE.CA) Stock Technical Analysis
TSX:GTE - Toronto Stock Exchange - US38500T2006 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to GTE. GTE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, GTE is a bad performer in the overall market: 90% of all stocks are doing better.
GTE is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, of which 76% are performing better than GTE.
GTE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GTE has a been trading in the 6.28 - 8.56 range, which is quite wide. It is currently trading near the lows of this range.
Warning: GTE has an average volume of 29129 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of GTE is bad and it also does not present a quality setup 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
6.23
9.31
We found 1 important support area.
- Support @6.29 from a horizontal line in the daily time frame.
7 important resistance areas can be observed.
- A resistance zone ranging from 6.31 to 6.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.74 to 6.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.77 from a trend line in the weekly time frame.
- Resistance @7.98 from a trend line in the daily time frame.
- Resistance @8.29 from a horizontal line in the weekly time frame.
- Resistance @8.45 from a horizontal line in the daily time frame.
- Resistance @9.22 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for GTE.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GTE.CA is down. |
| ChartMill Relative Strength | 10.37 | NEGATIVE | GTE.CA has a low relative strength, it was outperformed by 89.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GTE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GTE.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GTE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.47 | NEUTRAL | The RSI value for GTE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests GTE.CA has a negative trend. |
| Stochastics (14,3) | 6.23 | OVERSOLD | The low Stochastics value suggests GTE.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.61 | HIGH VOLATILITY | The high ATR as a percentage value for GTE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.17 | NEGATIVE | The low ADX value for GTE.CA suggests a weak or negative 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:GTE (7/11/2025, 7:00:00 PM)
6.3
-0.14 (-2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.17%
1 Week-4.98%
2 Weeks-6.94%
1 Month-11.76%
3 Month14.34%
6 Month-44.57%
12 Month-53.37%
2 Year-32.76%
3 Year-62.94%
5 Year65.79%
10 Year-78.2%
15 Year-89.08%
Volatility
ATR(14)0.27
ATR(20)%5.61%
ATR Inc-12.96%
Range Today0.16
ADR(20)0.32
ADR(20)%5.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.37
Mansfield-3.13
10 Day High6.85
10 Day Low6.28
20 Day High8.56
20 Day Low6.28
52 Week High14.07
52 Week Low4.76
CS1 End6.29
CR1 Start6.31
Volume & EV
DER(3)0%
DER(5)0%
Volume29.50K
Volume Incr-19.63%
Vol(5)29.31K
Vol(50)29.13K