GOWEST GOLD LTD (GWA.CA)

CA38383Q8020 - Common Stock

0.15  +0.01 (+3.45%)

Technical Rating and Analysis

9

Overall GWA gets a technical rating of 9 out of 10. Both in the recent history as in the last year, GWA has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
GWA is part of the Metals & Mining industry. There are 822 other stocks in this industry. GWA outperforms 94% of them.
A new 52 week high is currently being made by GWA, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so GWA is leading the market.
Looking at the yearly performance, GWA did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month GWA has a been trading in a tight range between 0.14 and 0.15.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
GWA Weekly chart
GWA Daily chart
Setup Rating and Analysis

6

GWA has an excellent technical rating, but the quality of the setup is only medium 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

0.06

0.15

2 important support areas can be observed.

  • A support zone ranging from 0.14 to 0.14. 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 daily time frame.

We found 1 important resistance area.

  • Resistance @0.15 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
CRS96.24
Mansfield3.8
10 Day High0.15
10 Day Low0.14
20 Day High0.15
20 Day Low0.14
52 Week High0.15
52 Week Low0.05
Performance
1 Week3.45%
2 Weeks3.45%
1 Month3.45%
3 Month114.29%
6 Month87.5%
12 Month50%
2 Year87.5%
3 Year-25%
5 Year-50%
10 Year66.67%
15 Year0%
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)63.37
LBB0.14
UBB0.15
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
0.160.130.03 (15.63%)6.40%
An entry @0.16. This is a Buy Stop order right above the resistance zone.An exit @0.13. 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 15.63%.For a 1.00% total portfolio risk, you can invest 6.40% 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.
GWA Daily chart

GOWEST GOLD LTD

TSX-V:GWA (9/18/2024, 7:00:00 PM)

0.15

+0.01 (+3.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.45%
1 Week3.45%
2 Weeks3.45%
1 Month3.45%
3 Month114.29%
6 Month87.5%
12 Month50%
2 Year87.5%
3 Year-25%
5 Year-50%
10 Year66.67%
15 Year0%
Volatility
ATR(14)0
ATR(20)%1.33%
ATR Inc16.67%
Range Today0
ADR(20)0
ADR(20)%0.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.24
Mansfield3.8
10 Day High0.15
10 Day Low0.14
20 Day High0.15
20 Day Low0.14
52 Week High0.15
52 Week Low0.05
CS1 End0.14
CR1 Start0.15
Volume & EV
DER(3)-3513.88%
DER(5)-2126.76%
Volume3.95K
Volume Incr-87.48%
Vol(5)37.24K
Vol(50)209.59K