TSX:GWO - Toronto Stock Exchange - CA39138C1068 - Common Stock - Currency: CAD
Taking everything into account, GWO scores 7 out of 10 in our technical rating. Although GWO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, GWO also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 52.51, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
42.31
When analyzing the support we can see 3 important areas.
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 | UP | POSITIVE | The long term trend for GWO.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GWO.CA is up. |
ChartMill Relative Strength | 64.13 | NEUTRAL | GWO.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GWO.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GWO.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GWO.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 59.25 | NEUTRAL | The RSI value for GWO.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests GWO.CA has a positive trend. |
Stochastics (14,3) | 68.79 | NEUTRAL | The Stochastics value for GWO.CA is a neutral value. |
Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for GWO.CA suggests low volalility. |
Average Directional Index/ADX (14) | 22.93 | NEUTRAL | The ADX value for GWO.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
54.43 | 51.59 | 2.84 (5.22%) | 19.17% |
An entry @54.43. This is a Buy Stop order right above the 10 day high. | An exit @51.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.84 points, which is 5.22%. | When investing 19.17% of your capital in this trade, your total portfolio risk will be 1.00%. |
TSX:GWO (8/8/2025, 7:00:00 PM)
53.28
+0.28 (+0.53%)