GRAN TIERRA ENERGY INC (GTE)

US38500T2006 - Common Stock

7.15  -0.04 (-0.56%)

Technical Rating and Analysis

8

Overall GTE gets a technical rating of 8 out of 10. In the past year, GTE was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, GTE did better than 85% of all other stocks.
GTE is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 84% of 205 stocks in the same industry.
In the last month GTE has a been trading in the 6.25 - 7.34 range, which is quite wide. It is currently trading near the high of this range.
GTE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GTE is lagging the market slightly.
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
GTE Weekly chart
GTE Daily chart
Setup Rating and Analysis

3

Although GTE has an excellent technical rating, it does not offer a high 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

4.78

7.32

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 6.73 to 6.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 6.26 to 6.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 6.10 to 6.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @5.87 from a horizontal line in the daily time frame.
  • Support @4.83 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 7.20 to 7.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS85.16
Mansfield-1
10 Day High7.34
10 Day Low6.25
20 Day High7.34
20 Day Low6.25
52 Week High10.4
52 Week Low4.72
Performance
1 Week14.67%
2 Weeks7.31%
1 Month6.2%
3 Month16.72%
6 Month-25.65%
12 Month27.48%
2 Year-27.37%
3 Year-5.53%
5 Year-44.26%
10 Year-81.32%
15 Year-87.45%
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)0.05
RSI(14)62.59
LBB6.2
UBB7.33
GTE Daily chart

GRAN TIERRA ENERGY INC

NYSEARCA:GTE (12/30/2024, 11:47:04 AM)

7.15

-0.04 (-0.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.56%
1 Week14.67%
2 Weeks7.31%
1 Month6.2%
3 Month16.72%
6 Month-25.65%
12 Month27.48%
2 Year-27.37%
3 Year-5.53%
5 Year-44.26%
10 Year-81.32%
15 Year-87.45%
Volatility
ATR(14)0.32
ATR(20)%4.29%
ATR Inc24.55%
Range Today0.25
ADR(20)0.31
ADR(20)%4.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.16
Mansfield-1
10 Day High7.34
10 Day Low6.25
20 Day High7.34
20 Day Low6.25
52 Week High10.4
52 Week Low4.72
CS1 End6.74
CR1 Start7.2
Volume & EV
DER(3)6.75%
DER(5)3.6%
Volume105.64K
Volume Incr-8.97%
Vol(5)395.02K
Vol(50)338.40K