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Gold Resource Corporation

GORO•AMEX
Basic Materials
Gold
$1.59
$-0.05(-3.05%)
U.S. Market opens in 12h 38m

Gold Resource Corporation (GORO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Gold Resource Corporation (AMEX:GORO).

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

GORO Technical Analysis Summary

Gold Resource Corporation stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.46)
Trend Strength:Very Strong (ADX: 48.56)
Volatility:High (ATR: 0.15)
Support/Resistance:$1.38 – $1.81 (Bollinger Bands)

This mix signals that Gold Resource Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 54.46

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 66.74

Bullish
Buying momentum building without extremes.

Williams %R: -52.94

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 16.30

Strongly Bullish
Strong upside momentum.

Takeaway:Gold Resource Corporation shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.11

Bullish
Bullish, trend momentum is strengthening.

ADX: 48.56

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.15

Low
Low volatility, stable price action.

CCI (14): 1.53

Neutral
Neutral, no strong directional signal.

Takeaway:Gold Resource Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.81
Middle Band (SMA 20)
$1.59
Lower Band
$1.38
Current Position
Within Bands

Takeaway:Gold Resource Corporation trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$1.84
Middle Line (EMA 20)
$1.54
Lower Channel
$1.25
Squeeze Status
Squeeze On

Takeaway:Gold Resource Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume37.20M
Money Flow Index62.81Bullish, inflows support continued momentum.
Relative Vigor Index42.68Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:GORO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Gold Resource Corporation, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Gold Resource Corporation are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ