Gascoyne Resources (GCY)

Download button icon Download

Gascoyne Resources (GCY): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Gascoyne Resources (GCY.AX)


Indicator:

MOMENTUM


Last Signal:

BULLISH


Trading: HOLD @ $0.14
Signal Strength: MEDIUM
Recommendation:

Gascoyne Resources (ASX:GCY) currently has positive momentum of 0.005. This means the current price is greater than the price 14 days ago and therefore gaining momentum.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Momentum measures the rate of change in closing prices and is used to detect trend weakness and likely reversal points. It is often underrated because of its simplicity. High Momentum readings (positive or negative) occur when a trend is at its strongest. Lower readings are found at the start and end of trends. Overbought and oversold levels are set separately for each security based on the performance of the indicator over past cycles.

Calculation: Momentum Oscillator (MOM):
1) Closing Price [today] - Closing Price [n days ago];

PROFILE: Gascoyne Resources (GCY.AX)


Stock Exchange: ASX
Company: Gascoyne Resources
Ticker Codes: | GCY.AX | ASX:GCY |

About Gascoyne Resources (ASX:GCY):

Gascoyne Resources Limited engages in the exploration and development of gold and base metal projects in Australia. The company holds a 100% interest in the Dalgaranga gold project covering 780 square kilometers of area located in the Murchison region of Western Australia; a 100% interest in the Glenburgh gold project covering 2,000 square kilometers of area located in the Southern Gascoyne region of Western Australia; and a 100% interest in the Egerton gold project covering 450 square kilometers of area located in the Southern Gascoyne region of Western Australia. It also controls various tenements and tenement applications in the Murchison, Pilbara, and Gascoyne regions of Western Australia. The company was founded in 2009 and is headquartered in West Perth, Australia.

Top 10:

Momentum Oscillator

Download button icon Download
Company Close Change (%) Volume Value Signal
SYR Syrah Resources 2.04 5.7 1,482,815 0.51 BULLISH
MYX Myx 0.86 4.9 4,681,771 0.11 BULLISH
PRT Prime Television 0.24 4.4 3,836,921 0.02 BULLISH
MLD Maca 1.02 4.1 141,550 0.11 BULLISH
CCV Cash Converters International 0.26 4 41,882 0.02 BULLISH
GTK Gentrack 5.27 3.7 31,508 0.56 BULLISH
MNS Milnes Holdings 0.35 3 608,253 0.07 BULLISH
SDA Speedcast International 3.05 3 1,391,832 0.3 BULLISH
MNF My Net Fone 4.22 2.9 934,291 0.45 BULLISH
PPC Peet & Company 1.06 2.9 131,457 0.1 BULLISH
back to top