TSX-V:GZZ -
We assign a technical rating of 8 out of 10 to GZZ. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GZZ is showing a nice and steady performance.
Besides having an excellent technical rating, GZZ also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.11. Right above this resistance zone may be a good entry point.
6.44
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 GZZ.CA is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GZZ.CA is neutral. |
ChartMill Relative Strength | 88.25 | POSITIVE | GZZ.CA has a high relative strength, it outperformed 88.25% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of GZZ.CA is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GZZ.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GZZ.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 51.99 | NEUTRAL | The RSI value for GZZ.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests GZZ.CA has a negative trend. |
Stochastics (14,3) | 24.91 | NEUTRAL | The Stochastics value for GZZ.CA is a neutral value. |
Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for GZZ.CA suggests some volalility. |
TSX-V:GZZ (11/5/2021, 7:00:00 PM)
12.49
-0.25 (-1.96%)