Gold Road Resources (GOR)

Download button icon Download

Gold Road Resources (GOR): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Gold Road Resources (GOR.AX)


Indicator:

COMMODITY CHANNEL INDEX


Last Signal:

BULLISH


Trading: HOLD @ $0.7
Signal Strength: MEDIUM
Recommendation:

Gold Road Resources (ASX:GOR) current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is 26. The bullish signal has been active for 0 day. During the quarter, the lowest CCI value was 26.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


The Commodity Channel Index indicator takes a security’s change in price and compares that to its average change in price. CCIs calculation produces positive and negative values that oscillate above and below a Zero Line. Typically a value of 100 is identified as overbought and a reading of -100 is identified as being oversold.

Calculation: 20 Period CCI:
1) CCI = (Typical Price - 20 Period SMA of TP) / (.015 x Mean Deviation);
2) Typical Price (TP) = (High + Low + Close)/3;


PROFILE: Gold Road Resources (GOR.AX)


Stock Exchange: ASX
Company: Gold Road Resources
Ticker Codes: | GOR.AX | ASX:GOR |

About Gold Road Resources (ASX:GOR):

Gold Road Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. The company primarily explores for gold deposits. It focuses on developing the Yamarna Belt comprising Gruyere, Central Bore, and Attila projects, which covers an area of 6,000 square kilometers located to the east of Laverton in Western Australia. The company was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010. Gold Road Resources Limited was incorporated in 2007 and is based in West Perth, Australia.

Top 10:

Commodity Channel Index

Download button icon Download
Company Close Change (%) Volume Value Signal
AFA ASF 0.16 10.7 10,000 -59 BEARISH
CCP Credit Corp 19.99 6 515,529 -229 BEARISH
BAF Blue Sky Alternatives 0.9 5.9 979,344 -215 BEARISH
VOC Vocus Communications 3.4 5.6 6,543,793 -13 BEARISH
NWH NRW 2.05 5.1 1,094,979 -56 BEARISH
FMG Fortescue Metals 3.97 4.5 17,327,462 305 BEARISH
CDV Cardinal Resources 0.46 4.5 417,540 -5 BEARISH
FLN Freelancer 0.62 4.2 319,263 -27 BEARISH
DNK Danakali 0.79 3.3 58,346 -167 BEARISH
TLS Telstra Corporation 3.16 3.3 35,173,994 -26 BEARISH
back to top