CENTERRA GOLD INC (CGAU) Stock Technical Analysis
USA - NYSE:CGAU - CA1520061021 - Common Stock
11.33 USD
+0.08 (+0.71%)
11.33 USD
0 (0%)
Taking everything into account, CGAU scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CGAU has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CGAU did better than 91% of all other stocks.
CGAU is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CGAU has a been trading in the 8.35 - 11.58 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CGAU has an average volume of 1751690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CGAU is an average performer in the Metals & Mining industry, it outperforms 54% of 156 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CGAU has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.50
11.44
We found 4 important support areas.
- A support zone ranging from 7.52 to 7.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.00 to 7.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.85 from a trend line in the weekly time frame.
- Support @5.56 from a horizontal line in the daily time frame.
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 CGAU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGAU is up. |
| ChartMill Relative Strength | 91.85 | POSITIVE | CGAU has a high relative strength, it outperformed 91.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGAU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGAU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGAU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 89.5 | OVERBOUGHT | The high RSI value suggests CGAU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests CGAU has a positive trend. |
| Stochastics (14,3) | 92.3 | OVERBOUGHT | The high Stochastics value suggests CGAU may be overbought. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for CGAU suggests some volalility. |
| Average Directional Index/ADX (14) | 54.32 | POSITIVE | The high ADX value value for CGAU suggests a strong 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)
11.33
+0.08 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.71%
1 Week14.21%
2 Weeks22.75%
1 Month36.34%
3 Month50.66%
6 Month101.96%
12 Month58.91%
2 Year123.03%
3 Year142.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%2.98%
ATR Inc111.83%
Range Today0.46
ADR(20)0.32
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.85
Mansfield4.75
10 Day High11.58
10 Day Low9.26
20 Day High11.58
20 Day Low8.35
52 Week High11.58
52 Week Low5.41
CS1 End7.64
CR1 StartN/A
Volume & EV
DER(3)2.02%
DER(5)0.46%
Volume3.36M
Volume Incr23.34%
Vol(5)2.54M
Vol(50)1.75M