GRAN TIERRA ENERGY INC (GTE)
US38500T2006 - Common Stock
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.
85% 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. 75% of 204 stocks in the same industry do better.
In the last month GTE has a been trading in the 6.05 - 6.94 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
GTE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GTE is lagging the market.
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 support zone below the current price at 6.09, 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
4.78
6.91
4 important support areas can be observed.
- Support @6.32 from a trend line in the weekly time frame.
- A support zone ranging from 6.04 to 6.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.86 from a horizontal line in the daily time frame.
- Support @4.83 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.73 to 6.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.22
Mansfield-2.2
10 Day High6.62
10 Day Low6.12
20 Day High6.94
20 Day Low6.05
52 Week High10.4
52 Week Low4.72
Performance
1 Week-4.25%
2 Weeks-5.4%
1 Month2.6%
3 Month-32.08%
6 Month-24.61%
12 Month2.1%
2 Year-53.26%
3 Year-31.33%
5 Year-41.57%
10 Year-86.16%
15 Year-86.74%
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)44.28
LBB6.13
UBB6.81
GRAN TIERRA ENERGY INC
NYSEARCA:GTE (10/22/2024, 1:27:57 PM)
6.385
+0.08 (+1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.19%
1 Week-4.25%
2 Weeks-5.4%
1 Month2.6%
3 Month-32.08%
6 Month-24.61%
12 Month2.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.28
ATR(20)%4.65%
ATR Inc
Range Today0.16
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.62
10 Day Low6.12
20 Day High6.94
20 Day Low6.05
52 Week High10.4
52 Week Low4.72
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume162.08K
Volume Incr-19.07%
Vol(5)252.60K
Vol(50)300.55K