Technical Analysis for GXO - Granite Oil Corp.

Grade Last Price % Change Price Change
grade A 0.94 0.00% 0.000
GXO closed unchanged on Monday, March 9, 2020, on approximately normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Flat
Historical GXO trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
Overbought Stochastic Strength 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%

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Profile

Granite Oil Corp., formerly DeeThree Exploration Ltd., is a Canada-based oil producer based in Calgary, Alberta with lands and operations located in southern Alberta. The Company is engaged in the exploration for and exploitation, development and production of oil and natural gas. Its Alberta Bakken Properties are located in southern Alberta, approximately 70 kilometers south of Lethbridge. This property consists of an average working interest of approximately 100% in over 393,453 gross (391,633 net) undeveloped acres and approximately 54,434 gross (52,140) net developed acres. The Alberta Bakken Properties include approximately 60 gross (61.4 net) oil wells and over 140 gross (138.16 net) gas wells. It is engaged in the drilling operations of approximately 20 gross (16.0 net) wells, over 10 gross (12.0 net) of which are drilled on the Alberta Bakken Properties, approximately four gross (4.0 net) are drilled on the Brazeau Belly River Properties.
Natural Gas Oil Petroleum Industry Petroleum Geology Western Canadian Sedimentary Basin Oil Wells Encana Bakken Formation Gas Wells

Is GXO 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 0.97
52 Week Low 0.4
Average Volume 186,023
200-Day Moving Average 0.653
50-Day Moving Average 0.856
20-Day Moving Average 0.940
10-Day Moving Average 0.936
Average True Range 0.019
ADX 35.0
+DI 23.831
-DI 14.329
Chandelier Exit (Long, 3 ATRs ) 0.893
Chandelier Exit (Short, 3 ATRs ) 0.967
Upper Bollinger Band 0.953
Lower Bollinger Band 0.926
Percent B (%b) 0.52
BandWidth 2.853
MACD Line 0.022
MACD Signal Line 0.030
MACD Histogram -0.0081
Fundamentals Value
Market Cap 32.12 Million
Num Shares 34.2 Million
EPS 0.07
Price-to-Earnings (P/E) Ratio 13.43
Price-to-Sales 2.74
Price-to-Book 0.52
PEG Ratio 0.00
Dividend 0.42
Dividend Yield 44.68%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.955
Resistance 3 (R3) 0.957 0.953 0.953
Resistance 2 (R2) 0.953 0.950 0.953 0.952
Resistance 1 (R1) 0.947 0.947 0.945 0.945 0.951
Pivot Point 0.943 0.943 0.943 0.943 0.943
Support 1 (S1) 0.937 0.940 0.935 0.935 0.929
Support 2 (S2) 0.933 0.937 0.933 0.928
Support 3 (S3) 0.927 0.933 0.928
Support 4 (S4) 0.925