Logo image of GSP.CA

GENSOURCE POTASH CORP (GSP.CA) Stock Technical Analysis

TSX-V:GSP - TSX Venture Exchange - CA37252X1042 - Common Stock - Currency: CAD

0.1  0 (-2.44%)

Technical Rating and Analysis

10

Taking everything into account, GSP scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GSP is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GSP is one of the better performing stocks in the market, outperforming 89% of all stocks.
GSP is one of the better performing stocks in the Chemicals industry, it outperforms 93% of 32 stocks in the same industry.
In the last month GSP has a been trading in the 0.07 - 0.11 range, which is quite wide. It is currently trading near the high of this range.
GSP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GSP is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
GENSOURCE POTASH CORP / GSP Weekly stock chart
GENSOURCE POTASH CORP / GSP Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, GSP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.11. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for GSP 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.
Support and Resistance Analysis

0.06

0.13

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @0.06 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.13 from a horizontal line in the weekly 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
CRS89.19
Mansfield0.36
10 Day High0.11
10 Day Low0.09
20 Day High0.11
20 Day Low0.07
52 Week High0.16
52 Week Low0.06
Performance
1 Week0%
2 Weeks8.11%
1 Month42.86%
3 Month42.86%
6 Month5.26%
12 Month42.86%
2 Year-16.67%
3 Year-72.97%
5 Year-4.76%
10 Year100%
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
RSI(14)57.37
LBB0.09
UBB0.11
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
0.110.080.03 (28.41%)3.52%
An entry @0.11. This is a Buy Stop order right above the 10 day moving average.An exit @0.08. 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 28.41%.For a 1.00% total portfolio risk, you can invest 3.52% 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.
GENSOURCE POTASH CORP / GSP Daily stock chart

GENSOURCE POTASH CORP

TSX-V:GSP (2/21/2025, 7:00:00 PM)

0.1

0 (-2.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-2.44%
1 Week0%
2 Weeks8.11%
1 Month42.86%
3 Month42.86%
6 Month5.26%
12 Month42.86%
2 Year-16.67%
3 Year-72.97%
5 Year-4.76%
10 Year100%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%9.38%
ATR Inc-75.44%
Range Today0
ADR(20)0.01
ADR(20)%8.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.19
Mansfield0.36
10 Day High0.11
10 Day Low0.09
20 Day High0.11
20 Day Low0.07
52 Week High0.16
52 Week Low0.06
CS1 End0.09
CR1 Start0.11
Volume & EV
DER(3)-10.14%
DER(5)9.79%
Volume69.00K
Volume Incr-83.43%
Vol(5)41.57K
Vol(50)153.59K