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Greenfire Resources Ltd.

GFR.TO Technical Analysis Summary (TSX)

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

GFR.TO●TSX
EnergyOil & Gas Exploration & Production
$8.92
$0.10(1.13%)
Canadian Market opens in 12h 42m

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

GFR.TO Technical Analysis Summary (TSX)

Greenfire Resources Ltd. (TSX: GFR.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 51.35)
Trend Strength:Weak (ADX: 18.57)
Volatility:Medium (ATR: 0.43)
Support/Resistance:$8.17 – $9.73 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 51.35

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 37.57

Bearish
Momentum remains weak below midpoint.

Williams %R: -53.44

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.90

Neutral
Price change is minimal.

Takeaway:Greenfire Resources Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.12

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.57

Weak
Weak trend, market trading sideways.

ATR (14): 0.43

Low
Low volatility, stable price action.

CCI (14): -4.23

Neutral
Neutral, no strong directional signal.

Takeaway:Greenfire Resources Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$9.73
Middle Band (SMA 20)
$8.95
Lower Band
$8.17
Current Position
Within Bands

Takeaway:Greenfire Resources Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$9.79
Middle Line (EMA 20)
$8.93
Lower Channel
$8.07
Squeeze Status
Squeeze On

Takeaway:Greenfire Resources Ltd. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume963.32K
Money Flow Index73.56Bullish, inflows support continued momentum.
Relative Vigor Index53.27Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Greenfire Resources Ltd. (TSX: GFR.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Greenfire Resources Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: GFR.TO) Technical Analysis FAQ