Technical analysis from Gold Road Resources (GOR.AX, ASX:GOR.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Gold Road Resources
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Recent trading was only supported by high volume for Gold Road Resources
Ease of Movement /
Recent trading was only supported by high volume for Gold Road Resources

GOR: EOM Current Signal -> (1) 19 Jun: BEARISH HARD (2) 18 Jun: BULLISH HARD (3) 15 Jun: BULLISH HARD

Price percentage oscillator: Downward momentum is still present for Gold Road Resources
Percentage Price /
Price percentage oscillator: Downward momentum is still present for Gold Road Resources

[BEARISH]: Gold Road Resources currently has negative PPO -1.047%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Volume Rate of Change /
Positive VROC confirmation for GOR is a leading indicator for continued price rise

GOR: VROC Current Signal -> (1) 19 Jun: BULLISH CROSSOVER (2) 18 Jun: BEARISH (3) 15 Jun: BULLISH CROSSOVER

Detrended Price Oscillator /
Gold Road Resources: Detrended Price Oscillator(20) is -0.008

[BEARISH]: Gold Road Resources currently has a confirmed downtrend. Price is currently below the displaced moving average for GOR. Currently, the return on DPO20 is -0.7%.

Sine Weighted Moving Average /
GOR: Price continues to move above the SWMA(5) @$0.739

[BULLISH]: Gold Road Resources currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.7%.

Chaikin Money Flow /
Gold Road Resources continues positive divergence & potential shift in direction

[BULLISH]: Gold Road Resources current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.31. GOR received a confirmed CMF crossover days on the Jun 13 2018. The bullish signal has been active for 5 days. During the quarter, the highest CMF value was 0.31 occurring on the Jun 13 2018.

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Simple Moving Average /
[Bullish]: Trend following indicator for GOR highlights upward price direction is likely

[BULLISH]: Gold Road Resources currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -0.7%.

GOR has achieved a lower low of $0.73 (-0.7 %)
Low Price /
GOR has achieved a lower low of $0.73 (-0.7 %)

[BULLISH]: Gold Road Resources current downtrend in the first timeframe. Currently, the Low is $0.73 (-0.7 %).

Gold Road Resources: MACD @0.0012 [Bullish]
MACD /
Gold Road Resources: MACD @0.0012 [Bullish]

[BULLISH]: Gold Road Resources currently has positive MACD of 0.0012. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -0.7%.

Open Tod Vs Close Tod /
Gold Road Resources: Over the last 12 months there has been 24 trading days giving a confirmation ratio of 9.1%.

[BULLISH]: Gold Road Resources opened in the upper part of daily range at 75% & closed in the upper part of the trading range at 75%. This suggests the sellers have lost control. Over the last 12 months there has been 24 trading days with the opening price in the upper shadow & the closing the price in the upper shadow giving a confirmation ratio of 9.1%. Over the last month there has been 3 trading days with the opening price in the upper price range & the closing the price in the upper price range giving a confirmation ratio of 25%.

Close Tod Vs Range Tod /
Gold Road Resources: Buyers are in control at the market close.

GOR: Close versus price range Current Signal ->(1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

Triangular Moving Average /
Price continues to trade above the Triangular Moving Average(5) for GOR

[BULLISH]: Gold Road Resources currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.7%.

Gold Road Resources: Percentage Volume Oscillator (15.46)
Percentage Volume /
Gold Road Resources: Percentage Volume Oscillator (15.46)

[BULLISH]: Gold Road Resources currently has positive PVO 15.46%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 5.5%.

Closing price for GOR is still below the lower envelope signalling a bullish movement
Moving Average Envelope /
Closing price for GOR is still below the lower envelope signalling a bullish movement

[BULLISH]: Gold Road Resources current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 0.7125.

Momentum /
Momentum(5) is increasing for Gold Road Resources

[BULLISH]: Gold Road Resources currently has positive momentum of 0.04. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -0.7%. The largest upward momentum rally for the last 3 months is 10 days producing a return of 3%.

Rate of Change /
Rate of change(14) is increasing for Gold Road Resources

[BULLISH]: Gold Road Resources currently has positive rate of change of 0.676%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Elders Force Index /
Recent trading highlights continued buying pressure is present for GOR

[BULLISH]: Gold Road Resources current price has highlighted recent buying pressure. Currently, the Elders Force Index is 3098.

Gold Road Resources: Range Performance (33.3)
Range Tod Vs Range Yest /
Gold Road Resources: Range Performance (33.3)

[BEARISH]: Gold Road Resources sellers are increasingly eager. This is the first day sellers have increasing eagerness for GOR adding strength to a downtrend in the first timeframe. The biggest price range this month has been $0.1250 & the greatest daily price range this year has been $0.1850. The price range ratio this week versus the quarterly price range is 0.2x & the price range ratio this month versus the year to date price range is 0.7x.

Volume MACD oscillator remains positive for GOR
MACD Volume /
Volume MACD oscillator remains positive for GOR

[BULLISH]: Gold Road Resources currently has positive Volume MACD of 73332. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Gold Road Resources: Daily volume is 1.12927e+006 [Higher Volume]
Volume /
Gold Road Resources: Daily volume is 1.12927e+006 [Higher Volume]

[BULLISH]: Gold Road Resources current volume uptrend in the first timeframe. Volume for GOR is 1.12927e+006 (43.0).

Daily Volume Index /
DVI: Accumulation still active for Gold Road Resources

[BULLISH]: Gold Road Resources current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 6035.

Medium Trend /
GOR: Medium term trend is still an Downtrend

[BEARISH]: Gold Road Resources is in an downtrend in the medium term timeframe. The current rally number is 40 & the highest rally count for the LTM is 40. The highest rally for the month is 12

Demarks Pivot Points /
Gold Road Resources has moved above the R1 DeMark pivot point ($0.7425) [Bullish]

Gold Road Resources has broken the first DeMark resistance point ($0.7425) [Bullish]. Look for a long limit order entry near this point. Exit price for GOR should be set @$0.755 & Stoploss for Gold Road Resources should be set at $0.735

Closing Price /
Gold Road Resources: Daily performance is -0.7 % [Downtrend]

[BEARISH]: Gold Road Resources current downtrend in the first timeframe. Currently, the Close is $0.745.

Gold Road Resources: Current trading activity OBV signals distribution is present
On Balance Volume /
Gold Road Resources: Current trading activity OBV signals distribution is present

[BEARISH]: Gold Road Resources current price has highlighted recent distribution. Currently, the OBV is -2.33354e+006.

Ulcer index has reduced in stress level & low drawdown is expected for Gold Road Resources
Ulcer Index /
Ulcer index has reduced in stress level & low drawdown is expected for Gold Road Resources

[BEARISH]: Gold Road Resources UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.297.

Exponential Moving Average /
The EMA trend following signal is still current for Gold Road Resources [Bullish]

[BULLISH]: Gold Road Resources currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.7%.

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