BULLION GOLD RESOURCES CORP (BGD.CA) Stock Technical Analysis
TSX-V:BGD - TSX Venture Exchange - CA1202272029 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to BGD. BGD has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BGD did better than 87% of all other stocks. We also observe that the gains produced by BGD over the past year are nicely spread over this period.
BGD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BGD is lagging the market slightly.
BGD is part of the Metals & Mining industry. There are 798 other stocks in this industry, BGD did better than 69% of them.
In the last month BGD has a been trading in the 0.04 - 0.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BGD has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.04
0.06
We found 2 important support areas.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BGD.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BGD.CA is up. |
| ChartMill Relative Strength | 87.68 | POSITIVE | BGD.CA has a high relative strength, it outperformed 87.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BGD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BGD.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BGD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.95 | NEUTRAL | The RSI value for BGD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BGD.CA has a positive trend. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for BGD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.18 | HIGH VOLATILITY | The high ATR as a percentage value for BGD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.93 | NEGATIVE | The low ADX value for BGD.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:BGD (8/8/2025, 7:00:00 PM)
0.055
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week0%
2 Weeks22.22%
1 Month22.22%
3 Month22.22%
6 Month10%
12 Month83.33%
2 Year83.33%
3 Year10%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%8.18%
ATR Inc-36.36%
Range Today0
ADR(20)0
ADR(20)%6.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.68
Mansfield1.47
10 Day High0.07
10 Day Low0.04
20 Day High0.07
20 Day Low0.04
52 Week High0.07
52 Week Low0.02
CS1 End0.05
CR1 Start0.06
Volume & EV
DER(3)0%
DER(5)0%
Volume5.00K
Volume Incr-23.42%
Vol(5)38.01K
Vol(50)32.89K