GRAN TIERRA ENERGY INC (GTE) Stock Technical Analysis
NYSEARCA:GTE - NYSE Arca - US38500T2006 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to GTE. Recently some decent action could be observed, but in the medium term time frame this is still negative. GTE was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, GTE is a bad performer in the overall market: 85% of all stocks are doing better.
GTE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 73% of 213 stocks in the same industry do better.
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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month GTE has a been trading in the 4.57 - 6.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
GTE has an average technical rating and it also does not offer a high 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
4.63
6.27
We found 2 important support areas.
- Support @4.96 from a trend line in the daily time frame.
- A support zone ranging from 4.68 to 4.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @6.02 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.13 to 6.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for GTE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GTE is up. |
| ChartMill Relative Strength | 15.78 | NEGATIVE | GTE has a low relative strength, it was outperformed by 84.22% 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) | UP | POSITIVE | The current price of GTE is above the rising 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) | 56.1 | NEUTRAL | The RSI value for GTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests GTE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.56 | NEUTRAL | The Stochastics value for GTE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.34 | HIGH VOLATILITY | The high ATR as a percentage value for GTE suggests high volalility. |
| Average Directional Index/ADX (14) | 27.39 | POSITIVE | The high ADX value value for GTE 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)
NYSEARCA:GTE (6/24/2025, 1:16:06 PM)
5.19
-0.29 (-5.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-5.29%
1 Week-10.46%
2 Weeks15.37%
1 Month17.34%
3 Month9.6%
6 Month-23.78%
12 Month-43.33%
2 Year11.61%
3 Year-52.35%
5 Year58.29%
10 Year-81.61%
15 Year-88.95%
Volatility
ATR(14)0.36
ATR(20)%5.34%
ATR Inc56.93%
Range Today0.25
ADR(20)0.28
ADR(20)%5.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.78
Mansfield-1.67
10 Day High6.29
10 Day Low4.67
20 Day High6.29
20 Day Low4.57
52 Week High10.35
52 Week Low3.34
CS1 End4.96
CR1 Start6.02
Volume & EV
DER(3)-8.75%
DER(5)-3.12%
Volume140.51K
Volume Incr140.25%
Vol(5)506.48K
Vol(50)244.39K