GEAR ENERGY LTD (GXE.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:GXE - CA36830P1045 - Common Stock
Overall GXE gets a technical rating of 0 out of 10. GXE'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.
Although the technical rating is bad, GXE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.48
4 important resistance areas can be observed.
- A resistance zone ranging from 0.52 to 0.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.54 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.58 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 GXE.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GXE.CA is down. |
| ChartMill Relative Strength | 15.04 | NEGATIVE | GXE.CA has a low relative strength, it was outperformed by 84.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GXE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GXE.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GXE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.09 | NEUTRAL | The RSI value for GXE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GXE.CA has a negative trend. |
| Stochastics (14,3) | 16.19 | OVERSOLD | The low Stochastics value suggests GXE.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for GXE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.57 | NEGATIVE | The low ADX value for GXE.CA suggests a weak or negative trend. |
TSX:GXE (2/7/2025, 7:00:00 PM)
0.48
0 (0%)
GEAR ENERGY LTD / GXE.CA FAQ
What is the ChartMill technical rating of GEAR ENERGY LTD (GXE.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to GXE.CA.
Can you provide the trend direction for GEAR ENERGY LTD?
The current trend direction for GEAR ENERGY LTD (GXE.CA) is Bearish.
What is the RSI signal for GXE stock?
GEAR ENERGY LTD (GXE.CA) has an RSI value of 40.0928. This indicates that the stock is currently neutral.
What is the MACD signal for GXE stock?
The MACD indicator for GEAR ENERGY LTD (GXE.CA) has a value of -0.00247045, indicating a bearish trend.
Can you provide the support and resistance levels for GEAR ENERGY LTD?
GEAR ENERGY LTD (GXE.CA) has a resistance level at 0.52. Check the full technical report for our detailed analysis of GXE.CA support and resistance levels.