Technical Analysis for GLL - Galilee Energy Ltd.  

Grade Last Price % Change Price Change
D 0.040 21.21% 0.007
GLL closed up 21.21 percent on Wednesday, April 24, 2024, on 72 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
New Uptrend Bullish 0.00%
Stochastic Reached Overbought Strength 0.00%
Wide Bands Range Expansion 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
20 DMA Support Bullish 21.21%
Wide Range Bar Range Expansion 21.21%

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Profile

Galilee Energy Ltd.   Description

Galilee Energy Limited is an energy company, which is engaged in the oil and gas exploration and production. The Company has tenement interests located in Australia, the United States and Chile. Its segments consist of Australia, including Qld; United States, including Illinois, Texas and Kansas, and South America, including Chile. The Company is engaged in the development of coal seam gas (CSG) in the Galilee Basin near Longreach in Queensland. The Company holds interest in the Glenaras Gas Project, which is located within the ATP529 permit, in western Queensland's Galilee Basin. The permit covers an area of approximately 4,000 square kilometers. The Glenaras Gas Project contains CSG contingent resource position in the Betts Creek coals. In the Unites States, the Company holds interest in the Hoffer Extension Area, including over 1,500 acres under lease covering a range of prospects. The Company focuses on the CSG potential in the Southern Magallanes Basin in Chile.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Exploration Energy Gas Oil Oil And Gas Coal Gas Exploration Oil And Gas Exploration Structural Geology Energy In Queensland Lane Coalbed Methane Coal Seam Gas Illinois Seam Gas Galilee Basin Kansas Structural Basin

Is GLL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.17
52 Week Low 0.026
Average Volume 236,538
200-Day Moving Average 0.073
50-Day Moving Average 0.037
20-Day Moving Average 0.032
10-Day Moving Average 0.031
Average True Range 0.003
RSI (14) 67.21
ADX 45.82
+DI 38.873
-DI 25.070
Chandelier Exit (Long, 3 ATRs) 0.032
Chandelier Exit (Short, 3 ATRs) 0.034
Upper Bollinger Bands 0.038
Lower Bollinger Band 0.026
Percent B (%b) 1.15
BandWidth 39.623
MACD Line -0.001
MACD Signal Line -0.003
MACD Histogram 0.0012
Fundamentals Value
Market Cap 11.81 Million
Num Shares 295 Million
EPS -0.05
Price-to-Earnings (P/E) Ratio -0.75
Price-to-Sales 0.00
Price-to-Book 9.86
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.045
Resistance 3 (R3) 0.044 0.042 0.044
Resistance 2 (R2) 0.042 0.041 0.042 0.043
Resistance 1 (R1) 0.041 0.040 0.042 0.042 0.043
Pivot Point 0.039 0.039 0.039 0.039 0.039
Support 1 (S1) 0.038 0.038 0.039 0.039 0.037
Support 2 (S2) 0.036 0.037 0.036 0.037
Support 3 (S3) 0.035 0.036 0.036
Support 4 (S4) 0.036