CENTERRA GOLD INC (CGAU) Technical Analysis
NYSE:CGAU • CA1520061021
Current stock price
CGAU Technical Rating and Analysis
Overall CGAU gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, CGAU did better than 96% of all other stocks. We also observe that the gains produced by CGAU over the past year are nicely spread over this period.
- CGAU is one of the better performing stocks in the Metals & Mining industry, it outperforms 86% of 157 stocks in the same industry.
- CGAU is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CGAU is performing more or less in line with the market.
- CGAU has an average volume of 2398230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CGAU has a been trading in the 15.44 - 19.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CGAU Weekly and Daily overview Charts
CGAU Setup Rating and Analysis
CGAU 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
CGAU Support and Resistance Analysis
15.65
When analyzing the support we can see 2 important areas.
- Support @16.34 from a trend line in the daily time frame.
- A support zone ranging from 15.81 to 15.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
CGAU Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for CGAU is neutral. |
| ChartMill Relative Strength | 96.96 | POSITIVE | CGAU has a high relative strength, it outperformed 96.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CGAU is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CGAU is below 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) | 54.05 | NEUTRAL | The RSI value for CGAU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests CGAU has a positive trend. |
| Stochastics (14,3) | 69.38 | NEUTRAL | The Stochastics value for CGAU is a neutral value. |
| Average True Range in percent/ATR (20) | 5.87 | HIGH VOLATILITY | The high ATR as a percentage value for CGAU suggests high volalility. |
| Average Directional Index/ADX (14) | 16.87 | NEGATIVE | The low ADX value for CGAU suggests a weak or negative trend. |
CGAU Chart- and CandleStick Pattern Analysis
CGAU Technicals: Chart, Performance Metrics, Trend & Indicators
18.3
-0.11 (-0.6%)
CENTERRA GOLD INC / CGAU TA FAQ
What is the ChartMill technical rating of CENTERRA GOLD INC (CGAU) stock?
ChartMill assigns a technical rating of 8 / 10 to CGAU.
Can you provide the trend direction for CENTERRA GOLD INC?
The current trend direction for CENTERRA GOLD INC (CGAU) is Bullish.
What is the RSI signal for CGAU stock?
CENTERRA GOLD INC (CGAU) has an RSI value of 54.0506. This indicates that the stock is currently neutral.
What is the support and resistance level for CGAU stock?
CENTERRA GOLD INC (CGAU) has a support level at 16.34. Check the full technical report for our detailed analysis of CGAU support and resistance levels.