CARLIN GOLD CORPORATION (CGD.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:CGD • CA1422402091
Overall CGD gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CGD is showing a nice and steady performance.
- Warning: CGD has an average volume of 23264 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CGD did better than 88% of all other stocks. On top of that, CGD also shows a nice and consistent pattern of rising prices.
- In the last month CGD has a been trading in the 0.43 - 0.57 range, which is quite wide. It is currently trading near the high of this range.
- CGD is part of the Metals & Mining industry. There are 814 other stocks in this industry, CGD did better than 68% of them.
- CGD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CGD is lagging the market.
- Considerably lower volume is observed in the last couple of days.
CGD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.51, 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
0.47
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.47 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.56 to 0.56. This zone is formed by a combination of multiple trend lines and important moving averages 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 CGD.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGD.CA is up. |
| ChartMill Relative Strength | 88.97 | POSITIVE | CGD.CA has a high relative strength, it outperformed 88.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CGD.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CGD.CA is below 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) | 51.62 | NEUTRAL | The RSI value for CGD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CGD.CA has a positive trend. |
| Stochastics (14,3) | 94.44 | OVERBOUGHT | The high Stochastics value suggests CGD.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.53 | HIGH VOLATILITY | The high ATR as a percentage value for CGD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.35 | NEGATIVE | The low ADX value for CGD.CA suggests a weak or negative 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 |
|---|---|---|---|
| 0.57 | 0.50 | 0.07 (12.28%) | 8.14% |
| An entry @0.57. This is a Buy Stop order right above the resistance zone. | An exit @0.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.07 points, which is 12.28%. | When investing 8.14% 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:CGD (1/29/2026, 7:00:00 PM)
0.54
0 (0%)
CARLIN GOLD CORPORATION / CGD.CA FAQ
What is the technical rating for CGD stock?
ChartMill assigns a technical rating of 10 / 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 51.6249. 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 0.00191899, 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 positive.