GOLD RESERVE LTD (GRZ.CA) Stock Technical Analysis
TSX-V:GRZ - TSX Venture Exchange - BMG4R86G1074 - Common Stock - Currency: CAD
Overall GRZ gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. GRZ was also a bad performer in the overall market in the last year.
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.
82% of all other stocks performed better in the past year than GRZ.
GRZ is part of the Metals & Mining industry. There are 822 other stocks in this industry, of which 68% are performing better than GRZ.
GRZ is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: GRZ has an average volume of 8165 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month GRZ has a been trading in the 2.24 - 2.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GRZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.60. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for GRZ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.99
3.29
We found 4 important support areas.
- A support zone ranging from 2.45 to 2.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.39 from a horizontal line in the daily time frame.
- Support @2.14 from a trend line in the daily time frame.
- Support @2.01 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.60 to 2.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.71 from a trend line in the daily time frame.
- Resistance @2.90 from a horizontal line in the daily time frame.
- Resistance @3.26 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.44
Mansfield-3.87
10 Day High2.73
10 Day Low2.32
20 Day High2.9
20 Day Low2.24
52 Week High6.72
52 Week Low1.6
Performance
1 Week-3.14%
2 Weeks-2.37%
1 Month1.23%
3 Month7.39%
6 Month-50.6%
12 Month-40.48%
2 Year47.02%
3 Year180.68%
5 Year17.06%
10 Year-52.04%
15 Year126.61%
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)-0.03
RSI(14)49.77
LBB2.38
UBB2.79
TSX-V:GRZ (3/7/2025, 7:00:00 PM)
2.47
+0.01 (+0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.41%
1 Week-3.14%
2 Weeks-2.37%
1 Month1.23%
3 Month7.39%
6 Month-50.6%
12 Month-40.48%
2 Year47.02%
3 Year180.68%
5 Year17.06%
10 Year-52.04%
15 Year126.61%
Volatility
ATR(14)0.18
ATR(20)%8.88%
ATR Inc-32.33%
Range Today0.12
ADR(20)0.16
ADR(20)%6.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.44
Mansfield-3.87
10 Day High2.73
10 Day Low2.32
20 Day High2.9
20 Day Low2.24
52 Week High6.72
52 Week Low1.6
CS1 End2.46
CR1 Start2.6
Volume & EV
DER(3)127.08%
DER(5)85.23%
Volume2.40K
Volume Incr-20.34%
Vol(5)9.19K
Vol(50)8.17K