Technical Analysis for GRL - Goldstone Resources Limited

Grade Last Price % Change Price Change
grade B 7.95 -6.47% -0.55
GRL closed down 6.47 percent on Monday, August 3, 2020, on 41 percent of normal volume.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Up Down
Historical GRL trend table...

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup -6.47%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -6.47%
Wide Bands Range Expansion -6.47%

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Profile

Goldstone Resources Limited is engaged in the exploration and mining of gold and associated elements. The Company operates through two segments: exploration and corporate. Its exploration segment includes Homase and Akrokerri licenses (Ghana), the Manso Amenfi license (Ghana), the Sangola license (Senegal), the Oyem license (Gabon) and the Ngoutou license (Gabon). The Company's Homase/Akrokerri project is located within the defined Ashanti Gold Belt and abuts Anglo Gold Ashanti's Obuasi tenements. The Company holds the Homase license and the Akrokerri license, through its subsidiary, Goldstone Akrokerri (Ghana) Limited. The Manso Amenfi License is located in the Wasa Amenfi West District of the Western Region in Ghana. Its subsidiary, Goldstone Resources Limited Gabon S.A.R.L., is the holder of the Oyem and Ngoutou Licenses. The Oyem and Ngoutou permits both contain gold in soil anomalies in over 10 kilometers length. The Company has not generated revenues.
Mining Geography Of Africa Africa Commonwealth Of Nations

Is GRL a Buy, Sell or Hold?

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

Recent News

Indicators

Indicator Value
52 Week High 9.7
52 Week Low 1.4
Average Volume 2,200,737
200-Day Moving Average 2.79
50-Day Moving Average 5.66
20-Day Moving Average 7.48
10-Day Moving Average 8.46
Average True Range 0.67
ADX 50.22
+DI 33.02
-DI 18.38
Chandelier Exit (Long, 3 ATRs ) 7.68
Chandelier Exit (Short, 3 ATRs ) 7.92
Upper Bollinger Band 9.64
Lower Bollinger Band 5.33
Percent B (%b) 0.61
BandWidth 57.57
MACD Line 0.84
MACD Signal Line 0.88
MACD Histogram -0.0374
Fundamentals Value
Market Cap 4.93 Million
Num Shares 621 Thousand
EPS -0.02
Price-to-Earnings (P/E) Ratio -397.50
Price-to-Sales 0.00
Price-to-Book 114.58
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.02
Resistance 3 (R3) 9.11 8.86 8.84
Resistance 2 (R2) 8.86 8.59 8.81 8.78
Resistance 1 (R1) 8.40 8.42 8.28 8.31 8.72
Pivot Point 8.15 8.15 8.08 8.10 8.15
Support 1 (S1) 7.69 7.88 7.56 7.59 7.18
Support 2 (S2) 7.44 7.71 7.39 7.12
Support 3 (S3) 6.98 7.44 7.06
Support 4 (S4) 6.88