GGAZF Stock Goldgroup Mining (GGAZF, $0.06) Moving Average Convergence Divergence (MACD) Histogram turned negative on December 17, 2024

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GGAZF - Goldgroup Mining Inc.

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Odds of DOWN Trend

Price: $0.061

Daily change: -$0.0078 (-11.34%)

Daily volume: 745

Capitalization: $7.1M

Industry: Precious Metals

GGAZF's RSI Indicator recovers from overbought zone

The 10-day RSI Oscillator for GGAZF moved out of overbought territory on December 16, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 10 instances where the indicator moved out of the overbought zone. In of the 10 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 64 cases where GGAZF's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GGAZF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

GGAZF broke above its upper Bollinger Band on December 11, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 18, 2024. You may want to consider a long position or call options on GGAZF as a result. In of 167 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for GGAZF just turned positive on December 18, 2024. Looking at past instances where GGAZF's MACD turned positive, the stock continued to rise in of 79 cases over the following month. The odds of a continued upward trend are .

GGAZF moved above its 50-day moving average on December 18, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where GGAZF advanced for three days, in of 93 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.776) is normal, around the industry mean (6.876). P/E Ratio (13.550) is within average values for comparable stocks, (83.742). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (8.405). GGAZF has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.040). P/S Ratio (0.781) is also within normal values, averaging (140.038).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GGAZF’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. GGAZF’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock worse than average.