GEAR ENERGY LTD (GXE.CA) Technical Analysis
TSX:GXE • CA36830P1045
Current stock price
GXE.CA Technical Rating and Analysis
Overall GXE gets a technical rating of 0 out of 10. GXE 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, GXE is a bad performer in the overall market: 85% of all stocks are doing better.
- GXE is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 83% are performing better than GXE.
- GXE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GXE is lagging the market.
- In the last month GXE has a been trading in the 0.47 - 0.53 range, which is quite wide. It is currently trading near the lows of this range.
GXE.CA Weekly and Daily overview Charts
GXE.CA Setup Rating and Analysis
GXE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
GXE.CA Support and Resistance Analysis
0.48
When analyzing the resistance we notice 4 important areas.
- 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.
GXE.CA Technical Indicator Signal Analysis
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. |
GXE.CA Chart- and CandleStick Pattern Analysis
GXE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:GXE (2/7/2025, 7:00:00 PM)
0.48
0 (0%)
GEAR ENERGY LTD / GXE.CA TA 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.
What is the current trend direction of GEAR ENERGY LTD (GXE.CA) stock?
The current trend direction for GEAR ENERGY LTD (GXE.CA) is Bearish.
Can you provide the RSI signal for GEAR ENERGY LTD?
GEAR ENERGY LTD (GXE.CA) has an RSI value of 40.0928. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GEAR ENERGY LTD?
The MACD indicator for GEAR ENERGY LTD (GXE.CA) has a value of -0.00247045, indicating a bearish trend.
What is the support and resistance level for GXE stock?
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.