GRAN TIERRA ENERGY INC (GTE) Stock Technical Analysis
NYSEARCA:GTE - NYSE Arca - US38500T2006 - Common Stock - Currency: USD
Taking everything into account, GTE scores 1 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
84% of all other stocks performed better in the past year than GTE.
GTE is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 65% are performing better than GTE.
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.
In the last month GTE has a been trading in the 3.99 - 5.44 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.
Although the technical rating is bad, GTE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.66, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GTE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.30
6.39
2 important support areas can be observed.
- A support zone ranging from 4.59 to 4.66. 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 4.34 to 4.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.83 to 4.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.22 to 5.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.35 from a horizontal line in the daily time frame.
- Resistance @6.33 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 is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GTE is neutral. |
| ChartMill Relative Strength | 16.51 | NEGATIVE | GTE has a low relative strength, it was outperformed by 83.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GTE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GTE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GTE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.34 | NEUTRAL | The RSI value for GTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GTE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.69 | NEUTRAL | The Stochastics value for GTE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for GTE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.7 | NEGATIVE | The low ADX value for GTE 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)
NYSEARCA:GTE (5/30/2025, 8:04:01 PM)
4.77
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week2.14%
2 Weeks-2.25%
1 Month10.42%
3 Month3.7%
6 Month-30.67%
12 Month-48.71%
2 Year-6.84%
3 Year-73.79%
5 Year100.25%
10 Year-83.55%
15 Year-90.97%
Volatility
ATR(14)0.24
ATR(20)%4.94%
ATR Inc-35.55%
Range Today0.21
ADR(20)0.22
ADR(20)%4.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.51
Mansfield-3.03
10 Day High5.01
10 Day Low4.42
20 Day High5.44
20 Day Low3.99
52 Week High10.4
52 Week Low3.34
CS1 End4.66
CR1 Start4.83
Volume & EV
DER(3)3.4%
DER(5)1.28%
Volume105.10K
Volume Incr-55.71%
Vol(5)81.90K
Vol(50)211.59K