CANADIAN GOLD CORP (CGC.CA) Stock Technical Analysis
TSX-V:CGC - TSX Venture Exchange - CA13585M1077 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to CGC. 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.
In the last month CGC has a been trading in the 0.24 - 0.32 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, CGC did better than 91% of all other stocks. On top of that, CGC also shows a nice and consistent pattern of rising prices.
CGC is one of the better performing stocks in the Beverages industry, it outperforms 91% of 13 stocks in the same industry.
CGC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CGC is lagging the market slightly.
CGC has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately.
More info and screens
0.19
0.30
We found 3 important support areas.
- A support zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.20 from a trend line in the daily time frame.
- Support @0.19 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.29 from a trend line in the daily time frame.
- A resistance zone ranging from 0.30 to 0.30. 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 | NEUTRAL | NEUTRAL | The short term trend for CGC.CA is neutral. |
| ChartMill Relative Strength | 91.55 | POSITIVE | CGC.CA has a high relative strength, it outperformed 91.55% 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 | MIXED | The current price of CGC.CA is below 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) | 48.97 | NEUTRAL | The RSI value for CGC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CGC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.52 | NEUTRAL | The Stochastics value for CGC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.77 | HIGH VOLATILITY | The high ATR as a percentage value for CGC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.69 | 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)
TSX-V:CGC (6/13/2025, 7:00:00 PM)
0.275
+0.02 (+7.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg7.84%
1 Week0%
2 Weeks0.92%
1 Month-5.17%
3 Month44.74%
6 Month83.33%
12 Month71.88%
2 Year14.58%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%6.77%
ATR Inc169.88%
Range Today0.04
ADR(20)0.02
ADR(20)%6.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.55
Mansfield3.78
10 Day High0.3
10 Day Low0.24
20 Day High0.32
20 Day Low0.24
52 Week High0.34
52 Week Low0.13
CS1 End0.26
CR1 Start0.29
Volume & EV
DER(3)0%
DER(5)1.5%
Volume150.94K
Volume Incr-13.11%
Vol(5)87.88K
Vol(50)110.52K