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

Gold Road Resources
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[Bearish]: SWMA(5) is serving as a resistance line for Gold Road Resources
Sine Weighted Moving Average /
[Bearish]: SWMA(5) is serving as a resistance line for Gold Road Resources

[BEARISH]: Gold Road Resources currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 0%.

Gold Road Resources: 2nd timeframe trend Uptrend remains intact
Medium Trend /
Gold Road Resources: 2nd timeframe trend Uptrend remains intact

[BULLISH]: Gold Road Resources is in an uptrend in the medium term timeframe. The current rally number is 2 & the highest rally count for the LTM is 81. The highest rally for the month is 8

Momentum /
Gold Road Resources: Momentum(5) Crossover

[BEARISH CROSSOVER]: Gold Road Resources currently has negative momentum of -0.015 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is 0%.The largest downward momentum rally for the last 3 months is 1 days producing a return of -2.1%%.

Exponential Moving Average /
Gold Road Resources: Closing price $0.685 is below the EMA(5) @$0.693581

[BEARISH]: Gold Road Resources currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 0%.

Average Directional Movement /
GOR: Average Directional Index has confirmed a weak trend @11.87

[Weak Trend]: ADX for GOR has confirmed a weak trend is presentGold Road Resources has an ATR(14) of 0.018, a DX of 16.8 & an ADX(14) of 11.87

Accumulation / Distribution /
Gold Road Resources distribution trading has been initiated

[BEARISH CROSSOVER]: Gold Road Resources current price has highlighted the commencement of distribution and the start of bearish trading conditions.

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Demarks Pivot Points /
Gold Road Resources has moved below the S1 DeMark pivot point ($0.685) [Bearish]

Gold Road Resources has broken the first DeMark support point ($0.685) [Bearish]. Look for a short limit order entry near this point. Exit price for GOR should be set @$0.68 & short position stoploss for Gold Road Resources should be set at $0.69

Gold Road Resources: Daily low price is $0.68 [Lower Low]
Low Price /
Gold Road Resources: Daily low price is $0.68 [Lower Low]

GOR: LOW Current Signal -> (1) 11 Jan: NEUTRAL (2) 10 Jan: BEARISH (3) 09 Jan: BEARISH

The current price is now losing momentum through a fall for GOR on the short term EMA.
Percentage Price /
The current price is now losing momentum through a fall for GOR on the short term EMA.

GOR: PPO Current Signal -> (1) 11 Jan: BEARISH CROSSOVER (2) 11 Jan: BULLISH (3) 11 Jan: BULLISH

Percentage Volume /
GOR: Percentage Volume Oscillator [Bearish]

[BEARISH]: Gold Road Resources currently has negative PVO -16.3%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -1.4%.

Camarilla Pivot Points /
[Short]: Limit orders for Gold Road Resources should be set at $0.628

Gold Road Resources has broken the first Camarilla support point ($0.628) [Bearish]. Look for a short limit order entry near this point. Exit price for GOR should be set @$0.571 & short position stoploss for Gold Road Resources should be set between $0.799 & $0.856

High Price /
Strong price performance from GOR has seen a higher high of 0 % [Uptrend]

GOR: HIGH Current Signal -> (1) 11 Jan: NEUTRAL (2) 10 Jan: BEARISH (3) 09 Jan: BEARISH

Triangular Moving Average(5) signal continues for Gold Road Resources indicating downward price movement is likely
Triangular Moving Average /
Triangular Moving Average(5) signal continues for Gold Road Resources indicating downward price movement is likely

[BEARISH]: Gold Road Resources currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0%.

Initiation of oversold signal for Gold Road Resources [Bullish Crossover]
Stochastic Oscillator /
Initiation of oversold signal for Gold Road Resources [Bullish Crossover]

GOR: Stochastic Oscillator Signal -> (1) 11 Jan: BEARISH CROSSUNDER (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: BULLISH

Daily Volume Index /
DVI: Distribution has been initiated for Gold Road Resources

[BEARISH CROSSOVER]: Gold Road Resources current price has highlighted the commencement of distribution and the start of bearish trading conditions.

Range Tod Vs Range Yest /
Gold Road Resources: Range Performance (0)

[NEUTRAL]: No price change for Gold Road Resources. There has been 2 consecutive days of no range for GOR highlighting the lack of enthusiasm for either buying or selling in the first timeframe. Over the last 12 months there have been 48 days of no price range giving a ratio of 0.2x. Over the last month there have been 8 days of no price range giving a ratio of 1x.

MACD /
The MACD has now fallen below the signal line for GOR [Bearish Crossover]

[BEARISH CROSSOVER]: Gold Road Resources currently has negative MACD of -0.002000. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -1.4%.

Confirmation of Gold Road Resources is currently being distributed via OBV
On Balance Volume /
Confirmation of Gold Road Resources is currently being distributed via OBV

[BEARISH]: Gold Road Resources current price has highlighted recent distribution. Currently, the OBV is -2.99186e+006.

Gold Road Resources: Look for a short limit order entry @$0.68
Woodie Pivot Point /
Gold Road Resources: Look for a short limit order entry @$0.68

Gold Road Resources has broken the first Woodie support point ($0.68) [Bearish]. Look for a short limit order entry near this point. Exit price for GOR should be set @$0.675 & short position stoploss for Gold Road Resources should be set at $0.695

BWFI has signalled a Fake Day for Gold Road Resources
Bill Williams Market Facilitation /
BWFI has signalled a Fake Day for Gold Road Resources

Gold Road Resources Currently is a confirmed Fake Day. MFI indicator is up, volume is down for GOR. Trend continuation possible for GOR from reduced trading activity.

Ulcer Index /
Gold Road Resources: Ulcer Index (2.841)

[BEARISH]: Gold Road Resources UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.841.

Detrended Price Oscillator /
Gold Road Resources: Detrended Price Oscillator(20) is -0.015 [Bearish Crossover]

[BEARISH]: Gold Road Resources currently has a confirmed downtrend. Price is currently below the displaced moving average for GORCurrently, the return on DPO20 is 0%.

Williams %R /
Initiation of oversold signal for Gold Road Resources

[BEARISH]: Gold Road Resources is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Volume /
[Bearish]: Gold Road Resources has failed to beat the previous volume by -22.1

[BEARISH]: Gold Road Resources current volume downtrend in the first timeframe. Volume for GOR is575874 (-22.1).

[Selling Pressure]: ERI has increased for Gold Road Resources during the last trading session
Elder Ray Index /
[Selling Pressure]: ERI has increased for Gold Road Resources during the last trading session

[BEARISH]: Gold Road ResourcesElder Ray Index is signalling a Bearish movementERI is -0.018 indicating bear power. Prices are being driven below the consensus of value for GOR during the last trading session [Selling Pressure]

Gold Road Resources: Chaikin Oscillator crossover has formed from increased selling pressure
Chaikin Money Flow /
Gold Road Resources: Chaikin Oscillator crossover has formed from increased selling pressure

[BEARISH CROSSOVER]: Gold Road Resources current price has highlighted recent selling pressure and the start of a bearish trading conditions. Currently, the CMF is -0.08. During the quarter, the lowest CMF value was -0.08

Aroon Oscillator /
[Uptrend]: Aroon oscillator (56) strong uptrend has been confirmed for GOR

[BULLISH]: Gold Road Resources has a current ARO(25) of 56. This has change -28 points from yesterday.

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