CANADIAN GOLD CORP (CGC.CA) Stock Technical Analysis
Canada - TSX-V:CGC - CA13585M1077 - Common Stock
0.5 CAD
+0.01 (+2.04%)
Taking everything into account, CGC scores 9 out of 10 in our technical rating. In the last year, CGC was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month CGC has a been trading in the 0.47 - 0.77 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
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, CGC did better than 94% of all other stocks. On top of that, CGC also shows a nice and consistent pattern of rising prices.
CGC is part of the Beverages industry. There are 10 other stocks in this industry. CGC outperforms 77% of them.
CGC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CGC is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although CGC 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
0.26
0.51
We found 4 important support areas.
- A support zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.34 from a trend line in the daily time frame.
- A support zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.26 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 CGC.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CGC.CA is neutral. |
| ChartMill Relative Strength | 94.04 | POSITIVE | CGC.CA has a high relative strength, it outperformed 94.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGC.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.13 | NEUTRAL | The RSI value for CGC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CGC.CA has a negative trend. |
| Stochastics (14,3) | 9.26 | OVERSOLD | The low Stochastics value suggests CGC.CA may be oversold. |
| Average True Range in percent/ATR (20) | 10.7 | HIGH VOLATILITY | The high ATR as a percentage value for CGC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.83 | POSITIVE | The high ADX value value for CGC.CA 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)
TSX-V:CGC (11/7/2025, 7:00:00 PM)
0.5
+0.01 (+2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg2.04%
1 Week-10.71%
2 Weeks-16.67%
1 Month-3.85%
3 Month66.67%
6 Month66.67%
12 Month163.16%
2 Year185.71%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%10.7%
ATR Inc-12.5%
Range Today0.03
ADR(20)0.04
ADR(20)%8.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.04
3 months CRS93
6 months CRS86.12
Mansfield6.52
10 Day High0.64
10 Day Low0.47
20 Day High0.77
20 Day Low0.47
52 Week High0.77
52 Week Low0.13
CS1 End0.48
CR1 StartN/A
Volume & EV
DER(3)11.58%
DER(5)11.74%
Volume442.34K
Volume Incr-33.61%
Vol(5)379.03K
Vol(50)700.47K
CANADIAN GOLD CORP / CGC.CA FAQ
Can you provide the ChartMill technical rating for CANADIAN GOLD CORP?
ChartMill assigns a technical rating of 9 / 10 to CGC.CA.
Can you provide the trend direction for CANADIAN GOLD CORP?
The current trend direction for CANADIAN GOLD CORP (CGC.CA) is Bullish.
What is the RSI signal for CANADIAN GOLD CORP (CGC.CA) stock?
CANADIAN GOLD CORP (CGC.CA) has an RSI value of 44.1274. This indicates that the stock is currently neutral.
What is the short term momentum for CANADIAN GOLD CORP (CGC.CA) stock?
The short term momentum for CANADIAN GOLD CORP (CGC.CA) is neutral.