GRAN TIERRA ENERGY INC.
GRAN TIERRA ENERGY INC.
- USD (-)
- 15 min delayed data - NYSE MKT Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: GTE
ISIN:

GRAN TIERRA ENERGY INC. - 15 min. - Technical analysis published on 01/28/2021 (GMT)

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  • Timeframe : 15 min.
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A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.653 USD
My targets
1.350 USD (+65.04%)
1.899 USD (+132.15%)
My analysis
GRAN TIERRA ENERGY INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.653 USD. The next resistance located at 1.350 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.899 USD. After this resistance, buyers could then target 3.906 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by 3ba0550. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The GRAN TIERRA ENERGY INC. rating is 0.818 USD. The price has increased by +71.49% since the last closing and was between 0.510 USD and 0.960 USD. This implies that the price is at +60.39% from its lowest and at -14.79% from its highest.

0.510
0.960
0.818

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GRAN TIERRA ENERGY INC.:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of GRAN TIERRA ENERGY INC. in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 15 minutes


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Resistance of triangle is broken

Type : Bullish

Timeframe : 15 minutes



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.549 0.600 0.640 0.818 1.350 1.899 3.906
Change (%) -32.89% -26.65% -21.76% - +65.04% +132.15% +377.51%
Change -0.269 -0.218 -0.178 - +0.532 +1.081 +3.088
Level Intermediate Intermediate Intermediate - Minor Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3380.3790.4280.4690.5180.5590.608
Camarilla0.4520.4610.4690.4770.4850.4930.502
Woodie0.3420.3810.4320.4710.5220.5610.612
Fibonacci0.3790.4140.4350.4690.5030.5240.559


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.4300.4600.4820.5120.5330.5630.585
Camarilla0.4890.4940.4990.5030.5080.5130.517
Woodie0.4260.4580.4770.5100.5290.5610.581
Fibonacci0.4600.4800.4920.5120.5310.5440.563


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0720.1680.2660.3610.4590.5550.653
Camarilla0.3110.3280.3460.3640.3820.3990.417
Woodie0.0740.1680.2670.3620.4610.5550.654
Fibonacci0.1680.2420.2870.3610.4350.4810.555

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 77.31
MACD (12,26,9): 0.0900
Directional Movement: 20.146
AROON (14): 92.857
DEMA (21): 0.777
Parabolic SAR (0,02-0,02-0,2): 0.703
Elder Ray (13): 0.083
Super Trend (3,10): 0.542
Zig ZAG (10): 0.705
VORTEX (21): 1.1720
Stochastique (14,3,5): 79.26
TEMA (21): 0.689
Williams %R (14): -11.43
Chande Momentum Oscillator (20): 0.240
Repulse (5,40,3): 12.9190
ROCnROLL: 1
TRIX (15,9): 1.2710
Courbe Coppock: 97.27
MA7: 0.527
MA20: 0.489
MA50: 0.388
MA100: 0.307
MAexp7: 0.676
MAexp20: 0.661
MAexp50: 0.571
MAexp100: 0.540
Price / MA7: +55.22%
Price / MA20: +67.28%
Price / MA50: +110.82%
Price / MA100: +166.45%
Price / MAexp7: +21.01%
Price / MAexp20: +23.75%
Price / MAexp50: +43.26%
Price / MAexp100: +51.48%

Quotes : 2021-01-28 18:11:25 - 15 min delayed data - NYSE MKT Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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