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GEAR ENERGY LTD (GXE.CA) Stock Technical Analysis

TSX:GXE - Toronto Stock Exchange - CA36830P1045 - Common Stock - Currency: CAD

0.48  0 (0%)

Technical Rating and Analysis

0

Taking everything into account, GXE scores 0 out of 10 in our technical rating. 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.
85% of all other stocks performed better in the past year than GXE.
GXE is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 71% 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.
Weekly and Daily overview Charts
GEAR ENERGY LTD / GXE Weekly stock chart
GEAR ENERGY LTD / GXE Daily stock chart
Setup Rating and Analysis

6

GXE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

0.48

0.59

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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for GXE.CA is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for GXE.CA is down.
ChartMill Relative Strength15.04NEGATIVEGXE.CA has a low relative strength, it was outperformed by 84.96% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of GXE.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of GXE.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of GXE.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)40.09NEUTRALThe RSI value for GXE.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests GXE.CA has a negative trend.
Stochastics (14,3)16.19OVERSOLDThe low Stochastics value suggests GXE.CA may be oversold.
Average True Range in percent/ATR (20)4.19MEDIUM VOLATILITYThe ATR as a percentage value for GXE.CA suggests some volalility.
Average Directional Index/ADX (14)14.57NEGATIVEThe low ADX value for GXE.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
GEAR ENERGY LTD / GXE Daily stock chart

GEAR ENERGY LTD

TSX:GXE (2/7/2025, 7:00:00 PM)

0.48

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week-5.88%
2 Weeks-3.03%
1 Month-7.69%
3 Month-12.73%
6 Month-28.36%
12 Month-23.81%
2 Year-55.14%
3 Year-70%
5 Year71.43%
10 Year-74.87%
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%4.19%
ATR Inc-14.78%
Range Today0.02
ADR(20)0.02
ADR(20)%4.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.04
Mansfield-2.99
10 Day High0.52
10 Day Low0.47
20 Day High0.53
20 Day Low0.47
52 Week High0.8
52 Week Low0.45
CS1 EndN/A
CR1 Start0.52
Volume & EV
DER(3)-10.78%
DER(5)0.52%
Volume1.03M
Volume Incr47.35%
Vol(5)772.65K
Vol(50)977.24K