CENTERRA GOLD INC (CGAU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CGAU - CA1520061021 - Common Stock
We assign a technical rating of 10 out of 10 to CGAU. 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.
Although CGAU has an excellent technical rating, it does not present a decent entry opportunity 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
8.49
We found 4 important support areas.
- A support zone ranging from 14.38 to 14.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.80 to 13.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @12.96 from a trend line in the daily time frame.
- Support @8.58 from a trend line in the weekly 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 | 97.4 | POSITIVE | CGAU has a high relative strength, it outperformed 97.4% 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) | 72.36 | OVERBOUGHT | The high RSI value suggests CGAU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CGAU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.74 | NEUTRAL | The Stochastics value for CGAU is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for CGAU suggests some volalility. |
| Average Directional Index/ADX (14) | 35.74 | POSITIVE | The high ADX value value for CGAU suggests a strong trend. |
14.91
-0.12 (-0.8%)
CENTERRA GOLD INC / CGAU FAQ
What is the ChartMill technical rating of CENTERRA GOLD INC (CGAU) stock?
ChartMill assigns a technical rating of 10 / 10 to CGAU.
What is the trend direction for CGAU stock?
The current trend direction for CENTERRA GOLD INC (CGAU) is Bullish.
Can you provide the RSI signal for CENTERRA GOLD INC?
CENTERRA GOLD INC (CGAU) has an RSI value of 72.3561. This indicates that the stock is currently overbought.
Can you provide the MACD signal for CENTERRA GOLD INC?
The MACD indicator for CENTERRA GOLD INC (CGAU) has a value of 0.072468, indicating a bearish trend.
Can you provide the buy/sell signal for CENTERRA GOLD INC?
The buy/sell signal for CENTERRA GOLD INC (CGAU) is buy as both the short term and long term trends are positive.