GOLD TERRA RESOURCE CORP (YGT.CA) Stock Technical Analysis
TSX-V:YGT - TSX Venture Exchange - CA38076F1053 - Common Stock - Currency: CAD
Overall YGT gets a technical rating of 6 out of 10. In the last year, YGT was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, YGT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.06, a Stop Loss order could be placed below this zone.
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0.05
2 important support areas can be observed.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 |
|---|---|---|---|
| 0.08 | 0.05 | 0.03 (34.64%) | 2.89% |
| An entry @0.08. This is a Buy Stop order right above the 10 day moving average. | An exit @0.05. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 34.64%. | For a 1.00% total portfolio risk, you can invest 2.89% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:YGT (5/13/2025, 7:00:00 PM)
0.065
+0.01 (+8.33%)