Gold Road Resources (GOR)

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Gold Road Resources (GOR): Signals

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TECHNICAL ANALYSIS SUMMARY

Gold Road Resources (GOR.AX)


Indicator:

BAR REVERSAL


Last Signal:

NEUTRAL


Trading: NO POSITION @ $0.69
Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation but is strengthened by additional indicator confirmation. Indicator can be applied to the short or medium term timeframe and is able to highlight a potential change in price direction. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.


Gold Road Resources (ASX:GOR)No bar reversal is present for Gold Road Resources. Over the last 12 months there have been 7 occurrences of no bar reversals giving a signal probability of 2.7%.


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.

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