Gran Tierra Energy (GTE) Stock Forecast & Price Prediction 2025, 2030 | CoinCodex (2023)

According to our current GTE stock forecast, the value of Gran Tierra Energy shares will rise by 1.05% and reach $ 0.756169 per share by March 25, 2023. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear). GTE stock recorded 10/30 (33%) green days with 4.36% price volatility over the last 30 days. Based on our Gran Tierra Energy stock forecast, it's now a good time to buy GTE stock because it's trading 3.86% below our forecast.

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Based on the average yearly growth of the Gran Tierra Energy stock in the last 10 years, the Gran Tierra Energy stock forecast for the beginning of next year is $ 0.706384. Using the same basis, here is the Gran Tierra Energy stock prediction for each year up until 2030.

Gran Tierra Energy Stock Prediction 2025

The Gran Tierra Energy stock prediction for 2025 is currently $ 0.686353, assuming that Gran Tierra Energy shares will continue growing at the average yearly rate as they did in the last 10 years. This would represent a -5.59% increase in the GTE stock price.

Gran Tierra Energy Stock Prediction 2030

In 2030, the Gran Tierra Energy stock will reach $ 0.594402 if it maintains its current 10-year average growth rate. If this Gran Tierra Energy stock prediction for 2030 materializes, GTE stock willgrow -18.24% from its current price.

Popular GTE Moving Averages for Mon, Mar 20, 2023

Moving averages are a popular indicator in all financial markets. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Change	1H	24H	7D	1M	3M	6M	YTD	1Y	3Y	5Y	ALL
GTE/USD	-13.72%	-1.34%	-16.11%	-19.83%	34.03%	1.93%	99.84%	138.67%	--	-74.93%	-87.20%
GTE/BTC	-12.57%	-1.09%	-26.77%	-28.15%	-17.51%	-28.97%	20.43%	258.53%	-76.11%	-91.69%	--
GTE/ETH	-13.06%	1.37%	-19.79%	-23.00%	-6.90%	-21.22%	37.07%	289.35%	-91.89%	-91.70%	--
GTE/USDT	-13.72%	-1.34%	-16.11%	-19.83%	34.03%	1.93%	99.84%	138.67%	--	-74.93%	--

To get a better idea of what could happen to the GTE stock price in the future, it’s helpful to also explore Gran Tierra Energy’s price history. In the last month, the GTE/USD pair is down -19.83%. The 1-year performance of GTE/USD is 138.67%. In comparison with Bitcoin, Gran Tierra Energy stock performed 258.53% better in the last year and 289.35% better than Ethereum.

How to read and forecast Gran Tierra Energy stock price movements?

Gran Tierra Energy stock traders use a variety of tools to make a prediction on which way the GTE market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to make a Gran Tierra Energy stock forecast, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Gran Tierra Energy Stock Forecast Indicators

Moving averages are among the most popular Gran Tierra Energy stock prediction tools. As the name suggests, a moving average provides the average closing price for GTE stock over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for GTE is a sum of GTE’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the stock market to identify important resistance and support levels. If the Gran Tierra Energy stock price moves above any of these averages, it is generally seen as a bullish sign for Gran Tierra Energy stock. Conversely, a drop below an important moving average is usually interpreted as a negative forecast for the GTE market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the Gran Tierra Energy stock price.

How to read Gran Tierra Energy stock charts and forecast price movements?

When making a Gran Tierra Energy stock forecast, most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Gran Tierra Energy stock with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Gran Tierra Energy’s stock price action in 1-hour chunks. Each candlestick will display GTE’s opening price, closing price, as well as the highest and lowest prices that reached within the 1-hour period. This information makes it easier to make an informed price prediction.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of GTE stock?

Just like with any other asset, the price action of Gran Tierra Energy stock is driven by supply and demand. These dynamics can be influenced by fundamental factors, such as earnings announcements, new product launches, acquisitions and mergers, and other factors. The GTE stock price can also be influenced by market sentiment, broader economic conditions, interest rates, inflation rates and political developments.

Bullish and bearish stock price forecast patterns

Some traders try to identify candlestick patterns when making a stock price prediction to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.