GRAN TIERRA ENERGY INC (GTE.CA) Stock Technical Analysis
TSX:GTE - Toronto Stock Exchange - US38500T2006 - Common Stock - Currency: CAD
Taking everything into account, GTE scores 0 out of 10 in our technical rating. GTE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GTE is a bad performer in the overall market: 97% of all stocks are doing better.
GTE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 86% of 208 stocks in the same industry do better.
GTE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month GTE has a been trading in the 4.87 - 6.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
5.30
8.90
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 5.36 to 5.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.11 to 6.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.44 to 6.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.07 from a trend line in the weekly time frame.
- Resistance @8.45 from a horizontal line in the daily time frame.
- Resistance @8.81 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 | 3.72 | NEGATIVE | GTE.CA has a low relative strength, it was outperformed by 96.28% 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) | DOWN | NEGATIVE | The current price of GTE.CA is below a declining 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) | 37.96 | NEUTRAL | The RSI value for GTE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GTE.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.03 | NEUTRAL | The Stochastics value for GTE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for GTE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.94 | POSITIVE | The high ADX value value for GTE.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:GTE (8/15/2025, 7:00:00 PM)
5.35
-0.05 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.93%
1 Week3.88%
2 Weeks-13.85%
1 Month-14.4%
3 Month-21.9%
6 Month-34.76%
12 Month-54.81%
2 Year-38.79%
3 Year-70.92%
5 Year40.79%
10 Year-83.64%
15 Year-92.01%
Volatility
ATR(14)0.3
ATR(20)%4.69%
ATR Inc-6.79%
Range Today0.2
ADR(20)0.24
ADR(20)%4.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.72
Mansfield-3.83
10 Day High6.03
10 Day Low4.87
20 Day High6.44
20 Day Low4.87
52 Week High11.95
52 Week Low4.76
CS1 EndN/A
CR1 Start5.36
Volume & EV
DER(3)10.93%
DER(5)10.3%
Volume47.67K
Volume Incr1.8%
Vol(5)65.20K
Vol(50)49.47K