Technical Analysis for GRI - Galore Resources Inc.

Grade Last Price % Change Price Change
C 0.020 33.33% 0.005
GRI closed up 33.33 percent on Tuesday, April 23, 2024, on approximately normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Up Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Above Upper BB Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
MACD Bullish Signal Line Cross Bullish 33.33%
Narrow Range Bar Range Contraction 33.33%
Wide Bands Range Expansion 33.33%

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Profile

Galore Resources Inc. Description

Galore Resources Inc. is a Canada-based company, which is engaged in acquisition and exploration of mineral property interests in North America. The Company has two exploration properties, which include the Taseko copper-molybdenum-gold property and the Dos Santos gold property. The Company's Dos Santos property covers a gold exploration project located within the Concepcion del Oro mining district in northern Zacatecas State, Mexico, and is located approximately 30 kilometers southeast of Penasquito gold-silver-lead-zinc mine and also lies adjacent to the northern property boundary of the Camino Rojo gold discovery. The Taseko Property comprises contiguous block of claims of approximately 31,800 hectares. The property covers exploration targets for copper, molybdenum, gold and silver in the Taseko Lakes region of southwest British Columbia, Canada. The Company's Taseko Property has approximately four mineral prospects located along the eastern margin of the Coast intrusive complex.


Classification

Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Keywords: Mining Mineral Gold Copper Silver Zinc Molybdenum Lakes

Is GRI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.03
52 Week Low 0.01
Average Volume 46,531
200-Day Moving Average 0.020
50-Day Moving Average 0.015
20-Day Moving Average 0.015
10-Day Moving Average 0.015
Average True Range 0.002
RSI (14) 61.69
ADX 13.86
+DI 59.064
-DI 30.409
Chandelier Exit (Long, 3 ATRs) 0.018
Chandelier Exit (Short, 3 ATRs) 0.017
Upper Bollinger Bands 0.020
Lower Bollinger Band 0.010
Percent B (%b) 1.02
BandWidth 67.568
MACD Line 0.000
MACD Signal Line -0.001
MACD Histogram 0.0005
Fundamentals Value
Market Cap 2.66 Million
Num Shares 133 Million
EPS -0.01
Price-to-Earnings (P/E) Ratio -4.00
Price-to-Sales 0.00
Price-to-Book 0.50
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.028
Resistance 3 (R3) 0.027 0.023 0.026
Resistance 2 (R2) 0.023 0.021 0.024 0.026
Resistance 1 (R1) 0.022 0.020 0.023 0.023 0.025
Pivot Point 0.018 0.018 0.019 0.019 0.018
Support 1 (S1) 0.017 0.016 0.018 0.018 0.015
Support 2 (S2) 0.013 0.015 0.014 0.014
Support 3 (S3) 0.012 0.013 0.014
Support 4 (S4) 0.013