Mourning for the Gold Standard Ventures share!How does Gold Standard Ventures perform in a market comparison? Gold Standard Ventures had a performance of -66.31 percent in the past 12 months. Similar stocks in the “Metals and Mining” industry fell -4.84 percent on average, which is an underperformance of -61.47 percent for Gold Standard Ventures. The "materials" sector had a mean return of -4.84 percent last year. Gold Standard Ventures was 61.47 percent below that average. The underperformance in both industry and sector comparison leads to a "sell" rating in this category.
Below the moving average Trend-following indicators should show whether a security is currently in an upward or downward trend (see Wikipedia). The moving average is one such indicator, we are looking at the 50 and 200 day averages here. First, let's take a look at the longer-term average of the past 200 trading days. For the Gold Standard Ventures share this is currently CAD 1.09. The last closing price (CAD 0.55) is therefore significantly lower (-49.54 percent deviation in comparison). On this basis, Gold Standard Ventures receives a “sell” rating. Now a look at the shorter-term 50-day average for this (0.89 CAD), the last closing price is also below the moving average (-38.2 percent deviation).The Gold Standard Ventures share is therefore also given a “hold” rating on this shorter-term basis. In total, Gold Standard Ventures is given a “hold” rating based on trend-following indicators.
What can be read from the RSI? The Relative Strength Index (RSI for short) relates the upward and downward movements of an underlying over time and is therefore a good indicator of overbought or underbought stocks. The Gold Standard Ventures share RSI for the past 7 days is at 56.36. On this basis, the share is neither overbought nor sold and receives a “hold” rating. We now compare the 7-day RSI with the value of the RSI on a 25-day basis (68.1). Gold Standard Ventures is neither overbought nor sold on a 25-day basis (value 68.1). Therefore, the share for the RSI25 also gets a "buy" rating. In total there is a “buy” rating for Gold Standard Ventures based on the RSI rating.