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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
$2.51
$0.02(0.79%)
Canadian Market opens in 24h 3m

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:Neutral to Bearish (RSI: 40.50)
Trend Strength:Weak (ADX: 9.83)
Volatility:Medium (ATR: 0.09)
Support/Resistance:$2.51 – $2.75 (Bollinger Bands)

Technical conditions suggest Geodrill Limited on the TSX is awaiting a decisive move. This mix signals that Geodrill Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 40.50

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 11.17

Bullish
Oversold zone signals rebound potential.

Williams %R: -85.71

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.04

Bearish
Selling pressure outweighs buying.

Takeaway:Geodrill Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.06

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 9.83

Weak
Weak trend, market trading sideways.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): -105.27

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.75
Middle Band (SMA 20)
$2.63
Lower Band
$2.51
Current Position
Within Bands

Takeaway:Geodrill Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$2.81
Middle Line (EMA 20)
$2.64
Lower Channel
$2.46
Squeeze Status
Squeeze On

Takeaway:Geodrill Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-225.81K
Money Flow Index55.39Neutral, balanced money flows with no clear signal.
Relative Vigor Index55.08Neutral to Bullish, buyers hold a slight edge.

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

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

Bearish Signals

No significant bearish signals detected.

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

(TSX: GEO.TO) Technical Analysis FAQ