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 2 out of 10 in our technical rating. In the past year, GTE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
88% of all other stocks performed better in the past year than GTE.
GTE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 70% of 211 stocks in the same industry do better.
GTE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GTE is lagging the market.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month GTE has a been trading in the 5.51 - 7.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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
5.58
9.81
We found 2 important support areas.
- Support @6.03 from a trend line in the daily time frame.
- Support @5.64 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 6.64 to 6.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.78 to 6.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.27 from a trend line in the daily time frame.
- A resistance zone ranging from 7.43 to 7.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @9.71 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 | UP | POSITIVE | The short term trend for GTE.CA is up. |
| ChartMill Relative Strength | 12.76 | NEGATIVE | GTE.CA has a low relative strength, it was outperformed by 87.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GTE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GTE.CA is above 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) | 52.32 | NEUTRAL | The RSI value for GTE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GTE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.37 | NEUTRAL | The Stochastics value for GTE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for GTE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.49 | 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 (5/28/2025, 7:00:00 PM)
6.59
+0.01 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.15%
1 Week4.44%
2 Weeks-11.19%
1 Month5.95%
3 Month-1.35%
6 Month-31.5%
12 Month-47.78%
2 Year-6.26%
3 Year-71.1%
5 Year88.29%
10 Year-81.85%
15 Year-88.13%
Volatility
ATR(14)0.33
ATR(20)%4.82%
ATR Inc-58.49%
Range Today0.16
ADR(20)0.28
ADR(20)%4.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.76
Mansfield-3.07
10 Day High7.58
10 Day Low6.16
20 Day High7.58
20 Day Low5.51
52 Week High14.23
52 Week Low4.76
CS1 End6.03
CR1 Start6.64
Volume & EV
DER(3)75.12%
DER(5)51.75%
Volume11.94K
Volume Incr-62.5%
Vol(5)9.56K
Vol(50)30.98K