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Geodrill Limited

GEO.TO Technical Analysis Summary (TSX)

Analyze GEO.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

GEO.TO●TSX
Basic MaterialsIndustrial Materials
$2.86
$0.10(3.62%)
Canadian Market opens in 7h 36m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

GEO.TO Technical Analysis Summary (TSX)

Geodrill Limited (TSX: GEO.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 64.69)
Trend Strength:Weak (ADX: 15.13)
Volatility:Medium (ATR: 0.12)
Support/Resistance:$2.32 – $2.77 (Bollinger Bands)

Technical conditions suggest Geodrill Limited on the TSX is awaiting a decisive move. Overall, Geodrill Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 64.69

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 87.98

Bearish
Overbought levels may trigger pullback.

Williams %R: -8.16

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 18.67

Strongly Bullish
Strong upside momentum.

Takeaway:Geodrill Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.03

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.13

Weak
Weak trend, market trading sideways.

ATR (14): 0.12

Low
Low volatility, stable price action.

CCI (14): 193.24

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Geodrill Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.77
Middle Band (SMA 20)
$2.55
Lower Band
$2.32
Current Position
Above Upper Band

Takeaway:Geodrill Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$2.84
Middle Line (EMA 20)
$2.60
Lower Channel
$2.36
Squeeze Status
Squeeze On

Takeaway:Geodrill Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume113.60K
Money Flow Index72.31Bullish, inflows support continued momentum.
Relative Vigor Index77.92Bullish, price momentum strongly favors buyers.

Overall Takeaway:GEO.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Geodrill Limited (TSX: GEO.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for Geodrill Limited are mixed, suggesting a Hold or wait-and-see approach.

(TSX: GEO.TO) Technical Analysis FAQ