CANADIAN GOLD CORP (CGC.CA) Stock Technical Analysis
TSX-V:CGC - TSX Venture Exchange - CA13585M1077 - Common Stock - Currency: CAD
Taking everything into account, CGC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CGC 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!
When comparing the yearly performance of all stocks, we notice that CGC is one of the better performing stocks in the market, outperforming 87% of all stocks.
CGC is part of the Beverages industry. There are 12 other stocks in this industry. CGC outperforms 90% of them.
CGC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CGC is lagging the market slightly.
In the last month CGC has a been trading in the 0.26 - 0.33 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.
CGC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for CGC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.22
0.33
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.27 from a trend line in the weekly time frame.
- Support @0.26 from a horizontal line in the daily time frame.
- Support @0.22 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.32 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.33 to 0.33. 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 CGC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGC.CA is up. |
| ChartMill Relative Strength | 87.12 | POSITIVE | CGC.CA has a high relative strength, it outperformed 87.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGC.CA is above the rising 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) | 60.28 | NEUTRAL | The RSI value for CGC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CGC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.71 | OVERBOUGHT | The high Stochastics value suggests CGC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for CGC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.83 | NEGATIVE | The low ADX value for CGC.CA suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.33 | 0.28 | 0.05 (15.15%) | 6.60% |
| An entry @0.33. This is a Buy Stop order right above the resistance zone. | An exit @0.28. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.05 points, which is 15.15%. | When investing 6.60% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:CGC (8/7/2025, 7:00:00 PM)
0.315
-0.01 (-1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-1.56%
1 Week5%
2 Weeks3.28%
1 Month14.55%
3 Month5%
6 Month90.91%
12 Month96.88%
2 Year53.66%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%4.29%
ATR Inc2.44%
Range Today0.02
ADR(20)0.01
ADR(20)%3.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.12
Mansfield3.71
10 Day High0.33
10 Day Low0.29
20 Day High0.33
20 Day Low0.26
52 Week High0.34
52 Week Low0.13
CS1 End0.28
CR1 Start0.32
Volume & EV
DER(3)3.42%
DER(5)7.03%
Volume766.50K
Volume Incr198.5%
Vol(5)564.78K
Vol(50)166.84K