GOR | Australian Stock Exchange

Gold Road Resources
+ Share

[Bearish]: Lower volume has formed for GOR by -25.6 during the last trading session
Volume /
[Bearish]: Lower volume has formed for GOR by -25.6 during the last trading session

[BEARISH]: Gold Road Resources current volume downtrend in the first timeframe. Volume for GOR is 601364 (-25.6).

Gold Road Resources: Woodie Pivot ($0.724)
Woodie Pivot Point /
Gold Road Resources: Woodie Pivot ($0.724)

Gold Road Resources has broken the first Woodie support point ($0.713) [Bearish]. Look for a short limit order entry near this point. Exit price for GOR should be set @$0.709 & short position stoploss for Gold Road Resources should be set at $0.739

Demarks Pivot Points /
Gold Road Resources: Stoploss for short position should be set between $0.7238 & $0.728

Gold Road Resources has broken the first DeMark support point ($0.7238) [Bearish]. Look for a short limit order entry near this point. Exit price for GOR should be set @$0.7130 & short position stoploss for Gold Road Resources should be set at $0.728

Volume Rate of Change /
Negative VROC confirmation for GOR is a leading indicator for continued price fall

[BEARISH CROSSOVER]: Gold Road Resources currently has negative rate of change of -8%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -2.7%.

MACD Volume /
Gold Road Resources: Volume MACD oscillator (-5355)

[BEARISH]: Gold Road Resources currently has negative Volume MACD of -5355. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Detrended Price Oscillator /
The simple moving average and past price for GOR has confirmed a bearish crossover

GOR: DPO Current Signal -> (1) 20 Jul: BEARISH CROSSOVER (2) 19 Jul: BULLISH CROSSOVER (3) 18 Jul: BEARISH

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Pivot Reversal /
A short term Pivot Reversal has formed with Gold Road Resources

[BEARISH]: A short term Pivot Reversal has formed with Gold Road Resources which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 7 occurrences of this bar reversal giving a signal probability of 2.7%.

The biggest price range this month for GOR has been $0.0500
Range Tod Vs Range Yest /
The biggest price range this month for GOR has been $0.0500

[WEAK BULLISH]: Gold Road Resources sellers are becoming less eager. This is the first day sellers have decreased eagerness for GOR reducing strength to a downtrend in the first timeframe. The biggest price range this month has been $0.0500 & the greatest daily price range this year has been $0.1850. The price range ratio this week versus the quarterly price range is 0.8x & the price range ratio this month versus the year to date price range is 0.3x.

Initiation of BB oversold signal for Gold Road Resources [Bullish Crossover]
Bollinger Bands /
Initiation of BB oversold signal for Gold Road Resources [Bullish Crossover]

[BULLISH CROSSOVER]: Gold Road Resources has initiated an oversold signal, highlighting the potential for a short term trend reversal in the upward direction. The current level is 5.16% with a current width of 4.63.

Percentage Price /
PPO: The shorter moving average for GOR is still below the longer term moving average

GOR: PPO Current Signal -> (1) 20 Jul: BEARISH (2) 19 Jul: BEARISH (3) 18 Jul: BEARISH

Black Marubozu /
GOR Basic Candle: Black Marubozu

[BEARISH]: Gold Road Resources has formed a Black Marubozu candlestick. This means, GOR has received strong selling confidence and downward price movement over the trading day with no upper or lower shadows present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Price Range /
Gold Road Resources: Daily price range is $0.015 [Decreasing Range]

[BEARISH]: Gold Road Resources current downtrend in the first timeframe. Currently, the Range is $0.015.

Limit order for a short position has been identified for Gold Road Resources [Bearish]
Pivot Points /
Limit order for a short position has been identified for Gold Road Resources [Bearish]

Gold Road Resources has broken the first support point ($0.715) [Bearish]. Look for a short limit order entry near this point. Exit price for GOR should be set @$0.71 & short position stoploss for Gold Road Resources should be set between $0.74 & $0.745

Gold Road Resources is in a short term downtrend with the closing price @$0.72
Triangular Moving Average /
Gold Road Resources is in a short term downtrend with the closing price @$0.72

GOR: TMA Current Signal -> (1) 20 Jul: BEARISH CROSSOVER (2) 19 Jul: BULLISH CROSSOVER (3) 18 Jul: BEARISH

Close Tod Vs Close Yest /
This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -2.7%

[BEARISH]: Gold Road Resourcessellers are keener than buyers and are driving the price down. This is the first day of price decline for GOR adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -2.7 & the greatest daily negative change this year has been -4.8. The longest consecutive downswing rally over the last 12 months has been 3 days giving a total rally downward movement of -7.4%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -2.7%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 0.9x. Over the last month the average daily downward movement has been -1.500000%

MACD /
MACD oscillator remains negative for GOR

[BEARISH]: Gold Road Resources currently has negative MACD of -0.0002. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -1.3%.

Closing Price /
Recent trading for Gold Road Resources fell short of the previous close by -2.7 %

[BEARISH]: Gold Road Resources current downtrend in the first timeframe. Currently, the Close is $0.72.

[Bearish]: Opening performance for GOR of 1.4 % was achieved in last trading session
Opening Price /
[Bearish]: Opening performance for GOR of 1.4 % was achieved in last trading session

[BEARISH]: Gold Road Resources opening price has gapped down. Currently, the OPEN is $0.735 (1.4 %).

GOR: Over the last 12 months there has been 44 trading days with the opening price in the upper shadow & the closing the price in the lower shadow
Open Tod Vs Close Tod /
GOR: Over the last 12 months there has been 44 trading days with the opening price in the upper shadow & the closing the price in the lower shadow

[BEARISH STRONG]: Gold Road Resources opened in the upper part of daily range at 100% & closed in the lower part of the trading range at 0%. This suggests the sellers were in control all day. Over the last 12 months there has been 44 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 16.7%. Over the last month there has been 2 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 13.3%.

The largest downward momentum rally for GOR in the last 3 months is 6
Momentum /
The largest downward momentum rally for GOR in the last 3 months is 6

[BEARISH]: 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 -2.7%.The largest downward momentum rally for the last 3 months is 6 days producing a return of -2%.

Average Directional Movement /
Daily trading has confirmed an ADX weak trend (21.3) for Gold Road Resources

[Weak Trend]: ADX for GOR has confirmed a weak trend is present. Gold Road Resources has an ATR(14) of 0.019, a DX of 23.78 & an ADX(14) of 21.3

Aroon Oscillator /
GOR: Aroon oscillator has confirmed a strong downtrend @-60

GOR: Aroon Oscillator Recent Trading -> (1) 20 Jul: -60 (2) 19 Jul: -60 (3) 18 Jul: 32

Accumulation / Distribution /
Gold Road Resources is being actively accumulated

[BULLISH]: Gold Road Resources current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 7.3566e+006.

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 -2.7%.

DVI: Accumulation still active for Gold Road Resources
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 1240.

Gold Road Resources: Daily Downtrend has been confirmed
Short Trend /
Gold Road Resources: Daily Downtrend has been confirmed

[BEARISH]: Gold Road Resources is in a downtrend in the short term timeframe. The current rally number is 1 & the highest rally count for the LTM is 5

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

[BEARISH CROSSOVER]: Gold Road Resources currently has negative rate of change of -2.041%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

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