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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GGM.V
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Granada Gold Mine Inc. stock price down 0% on Friday
(Updated on Jun 14, 2024)

Hold candidate since Jun 11, 2024 PDF

No changes to the price of Granada Gold Mine Inc. stock on the last trading day (Friday, 14th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0300 to a day high of $0.0300. The price has been going up and down for this period, and there has been a -14.29% loss for the last 2 weeks.

The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Granada Gold Mine Inc. stock with a 90% probability to be traded between $0.0249 and $0.0448 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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GGM.V Signals & Forecast

Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Granada Gold Mine Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.0314 and $0.0330. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 29, 2024, and so far it has fallen -25.00%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Granada Gold Mine Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.0250. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the stock price.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0 between high and low, or 0%. For the last week, the stock has had daily average volatility of 0%.

Our recommended stop-loss: $0.0281 (-6.34%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 39 days ago.)

Trading Expectations (GGM.V) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Granada Gold Mine Inc. to open at $0.0300, and during the day (based on 14 day Average True Range), to move between $0.0279 and $0.0321, which gives a possible trading interval of +/-$0.0021 (+/-7.16%) up or down from last closing price. If Granada Gold Mine Inc. takes out the full calculated possible swing range there will be an estimated 14.31% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.0250 (16.67%) than the resistance at $0.0350 (16.67%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Granada Gold Mine Inc. stock A Buy?

Granada Gold Mine Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Granada Gold Mine Inc. of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
$0.0300 ( 0%) $0.0300

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for GGM.V

Fibonacci Support & Resistance Levels

Level Price
R3 0.0300 -
R2 0.0300 -
R1 0.0300 -
Price 0.0300
S1 0.0300 -
S2 0.0300 -
S3 0.0300 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 0.0350 16.67%
Price 0.0300
S1 0.0250 -16.67%
S2 0 -
S3 0 -

GGM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 21, 2018 Feb 21, 2018 Feb 21, 2018 $0.0515 14.10%
2 Feb 17, 2017 Feb 17, 2017 Feb 17, 2017 $0.0516 8.59%

FAQ

What is the symbol for Granada Gold Mine Inc. Stock and on which exchange is it traded?
The symbol for Granada Gold Mine Inc. is GGM.V and it is traded on the TSXV (Toronto Stock Exchange Ventures).

Should I buy or sell Granada Gold Mine Inc. Stock?
Granada Gold Mine Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Granada Gold Mine Inc. Stock?
Granada Gold Mine Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Granada Gold Mine Inc. Stock.

What's the current price of Granada Gold Mine Inc. Stock?
As of the end of day on the Jun 14, 2024, the price of an Granada Gold Mine Inc. (GGM.V) share was $0.0300.

What is the 52-week high and low for Granada Gold Mine Inc. Stock?
The 52-week high for Granada Gold Mine Inc. Stock is $0.0500 and the 52-week low is $0.0100.

What is the market capitalization of Granada Gold Mine Inc. Stock?
As of the Jun 14, 2024, the market capitalization of Granada Gold Mine Inc. is 5.241M.

When is the next earnings date for Granada Gold Mine Inc.?
The upcoming earnings date for Granada Gold Mine Inc. is Jul 16, 2024.
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