CARLIN GOLD CORPORATION (CGD.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:CGD - CA1422402091 - Common Stock
We assign a technical rating of 9 out of 10 to CGD. 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.
Besides having an excellent technical rating, CGD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CGD 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
0.49
When analyzing the support we notice one important area.
- A support zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @0.53 from a trend line in the daily time frame.
- Resistance @0.55 from a trend line in the daily time frame.
- Resistance @0.56 from a horizontal line in the weekly time frame.
- Resistance @0.58 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 CGD.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CGD.CA is neutral. |
| ChartMill Relative Strength | 94.65 | POSITIVE | CGD.CA has a high relative strength, it outperformed 94.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGD.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGD.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.02 | NEUTRAL | The RSI value for CGD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CGD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.5 | NEUTRAL | The Stochastics value for CGD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.75 | HIGH VOLATILITY | The high ATR as a percentage value for CGD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.05 | NEUTRAL | The ADX value for CGD.CA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 0.54 | 0.49 | 0.05 (9.26%) | 10.80% |
| An entry @0.54. This is a Buy Stop order right above the resistance zone. | An exit @0.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 9.26%. | When investing 10.80% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CGD. Please evaluate whether better entry and exit points can be found.
- 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:CGD (12/31/2025, 7:00:00 PM)
0.53
0 (0%)
CARLIN GOLD CORPORATION / CGD.CA FAQ
What is the technical rating for CGD stock?
ChartMill assigns a technical rating of 9 / 10 to CGD.CA.
What is the trend direction for CGD stock?
The current trend direction for CARLIN GOLD CORPORATION (CGD.CA) is Bullish.
Can you provide the RSI signal for CARLIN GOLD CORPORATION?
CARLIN GOLD CORPORATION (CGD.CA) has an RSI value of 50.023. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CARLIN GOLD CORPORATION?
The MACD indicator for CARLIN GOLD CORPORATION (CGD.CA) has a value of -0.0058932, indicating a bearish trend.
Can you provide the short term momentum for CARLIN GOLD CORPORATION?
The short term momentum for CARLIN GOLD CORPORATION (CGD.CA) is neutral.