CENTERRA GOLD INC (CGAU) Stock Technical Analysis
NYSE:CGAU - CA1520061021 - Common Stock
8.64 USD
+0.33 (+3.97%)
8.7699 USD
+0.13 (+1.5%)
We assign a technical rating of 10 out of 10 to CGAU. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CGAU is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CGAU is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by CGAU over the past year are nicely spread over this period.
A new 52 week high is currently being made by CGAU, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month CGAU has a been trading in the 6.71 - 8.65 range, which is quite wide. It is currently trading near the high of this range.
CGAU has an average volume of 1195720 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 45% 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
5.56
8.73
5 important support areas can be observed.
- A support zone ranging from 7.33 to 7.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.21 from a trend line in the daily time frame.
- A support zone ranging from 6.97 to 7.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.82 from a trend line in the weekly time frame.
- A support zone ranging from 5.62 to 5.67. 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 CGAU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGAU is up. |
| ChartMill Relative Strength | 84.14 | POSITIVE | CGAU has a high relative strength, it outperformed 84.14% 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) | 71.84 | OVERBOUGHT | The high RSI value suggests CGAU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CGAU has a positive trend. |
| Stochastics (14,3) | 89.8 | OVERBOUGHT | The high Stochastics value suggests CGAU may be overbought. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for CGAU suggests some volalility. |
| Average Directional Index/ADX (14) | 25.97 | 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)
8.64
+0.33 (+3.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.97%
1 Week10.34%
2 Weeks16.76%
1 Month14.59%
3 Month21.52%
6 Month50%
12 Month35.21%
2 Year76.33%
3 Year95.92%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%3.06%
ATR Inc5.69%
Range Today0.3
ADR(20)0.24
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.14
Mansfield1.85
10 Day High8.65
10 Day Low7.31
20 Day High8.65
20 Day Low6.71
52 Week High8.65
52 Week Low5.41
CS1 End7.5
CR1 StartN/A
Volume & EV
DER(3)-3.72%
DER(5)-1.66%
Volume1.13M
Volume Incr-5.59%
Vol(5)1.48M
Vol(50)1.20M