GOLD RESOURCE CORP (GORO)

US38068T1051 - Common Stock

0.248  +0.03 (+12.37%)

After market: 0.2332 -0.01 (-5.97%)

Technical Rating and Analysis

1

Taking everything into account, GORO scores 1 out of 10 in our technical rating. GORO 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, GORO is a bad performer in the overall market: 89% of all stocks are doing better.
GORO is part of the Metals & Mining industry. There are 156 other stocks in this industry, of which 80% are performing better than GORO.
GORO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GORO is lagging the market.
In the last month GORO has a been trading in the 0.14 - 0.29 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GORO has an average volume of 2386160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
GORO Weekly chart
GORO Daily chart
Setup Rating and Analysis

3

The technical rating of GORO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

0.17

0.53

When analyzing the support we notice one important area.

  • Support @0.17 from a trend line in the daily time frame.

When analyzing the resistance we notice 5 important areas.

  • Resistance @0.34 from a trend line in the weekly time frame.
  • Resistance @0.36 from a trend line in the weekly time frame.
  • Resistance @0.47 from a trend line in the daily time frame.
  • Resistance @0.50 from a horizontal line in the daily time frame.
  • Resistance @0.52 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.29
Mansfield-3.72
10 Day High0.29
10 Day Low0.16
20 Day High0.29
20 Day Low0.14
52 Week High0.71
52 Week Low0.12
Performance
1 Week37.85%
2 Weeks36.56%
1 Month67.12%
3 Month-28.12%
6 Month-42.04%
12 Month-29.74%
2 Year-83.79%
3 Year-84.1%
5 Year-95.52%
10 Year-92.66%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)67.33
LBB0.14
UBB0.23
GORO Daily chart

GOLD RESOURCE CORP

NYSEARCA:GORO (12/20/2024, 8:15:19 PM)

After market: 0.2332 -0.01 (-5.97%)

0.248

+0.03 (+12.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg12.37%
1 Week37.85%
2 Weeks36.56%
1 Month67.12%
3 Month-28.12%
6 Month-42.04%
12 Month-29.74%
2 Year-83.79%
3 Year-84.1%
5 Year-95.52%
10 Year-92.66%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%10.09%
ATR Inc347.09%
Range Today0.09
ADR(20)0.03
ADR(20)%10.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.29
Mansfield-3.72
10 Day High0.29
10 Day Low0.16
20 Day High0.29
20 Day Low0.14
52 Week High0.71
52 Week Low0.12
CS1 End0.17
CR1 Start0.34
Volume & EV
DER(3)8.46%
DER(5)5.63%
Volume6.80M
Volume Incr212.6%
Vol(5)3.65M
Vol(50)2.39M