CHINA GOLD INTERNATIONAL RES (CGG.CA) Stock Technical Analysis
TSX:CGG - Toronto Stock Exchange - CA16890P1036 - Common Stock - Currency: CAD
Taking everything into account, CGG scores 8 out of 10 in our technical rating. 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.
Warning: CGG has an average volume of 12302 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that CGG is one of the better performing stocks in the market, outperforming 83% of all stocks.
CGG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CGG is part of the Metals & Mining industry. There are 805 other stocks in this industry, CGG did better than 65% of them.
In the last month CGG has a been trading in the 11.77 - 12.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CGG 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 12.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.03, a Stop Loss order could be placed below this zone.
More info and screens
7.70
12.66
5 important support areas can be observed.
- A support zone ranging from 11.79 to 12.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.87 from a trend line in the weekly time frame.
- Support @9.45 from a trend line in the daily time frame.
- Support @9.07 from a trend line in the daily time frame.
- Support @7.78 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.52 to 12.53. 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 CGG.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CGG.CA is neutral. |
| ChartMill Relative Strength | 83.21 | POSITIVE | CGG.CA has a high relative strength, it outperformed 83.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CGG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.06 | NEUTRAL | The RSI value for CGG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests CGG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.87 | NEUTRAL | The Stochastics value for CGG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for CGG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.97 | NEUTRAL | The ADX value for CGG.CA suggests a possible start of a new 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 |
|---|---|---|---|
| 12.54 | 11.78 | 0.76 (6.06%) | 16.50% |
| An entry @12.54. This is a Buy Stop order right above the resistance zone. | An exit @11.78. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.76 points, which is 6.06%. | When investing 16.50% 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:CGG (7/17/2025, 7:00:00 PM)
12.06
+0.26 (+2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.2%
1 Week0.33%
2 Weeks-2.41%
1 Month-2.64%
3 Month25.65%
6 Month46.39%
12 Month46.56%
2 Year129.68%
3 Year243.22%
5 Year827.48%
10 Year578.77%
15 Year206.05%
Volatility
ATR(14)0.32
ATR(20)%2.48%
ATR Inc-9.37%
Range Today0.16
ADR(20)0.27
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.21
Mansfield3.48
10 Day High12.63
10 Day Low11.77
20 Day High12.63
20 Day Low11.77
52 Week High12.63
52 Week Low5
CS1 End12.03
CR1 Start12.52
Volume & EV
DER(3)0%
DER(5)0%
Volume2.60K
Volume Incr-61.2%
Vol(5)5.05K
Vol(50)12.30K