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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
$9.10
$0.19(2.05%)
Canadian Market opens in 0h 0m

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: 53.15)
Trend Strength:Weak (ADX: 17.43)
Volatility:Medium (ATR: 0.38)
Support/Resistance:$8.15 – $9.51 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 53.15

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 61.80

Bullish
Buying momentum building without extremes.

Williams %R: -50.00

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 6.43

Strongly Bullish
Strong upside momentum.

Takeaway:Greenfire Resources Ltd. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.14

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.43

Weak
Weak trend, market trading sideways.

ATR (14): 0.38

Low
Low volatility, stable price action.

CCI (14): 31.25

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$9.51
Middle Band (SMA 20)
$8.83
Lower Band
$8.15
Current Position
Within Bands

Takeaway:Greenfire Resources Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$9.74
Middle Line (EMA 20)
$8.98
Lower Channel
$8.22
Squeeze Status
Squeeze On

Takeaway:Greenfire Resources Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume2.35M
Money Flow Index60.30Bullish, inflows support continued momentum.
Relative Vigor Index42.75Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:GFR.TO shows mixed signals in money flow analysis.

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.

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

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

(TSX: GFR.TO) Technical Analysis FAQ