ISHARES GOLD BULLION FUND (CGL-C.CA) Technical Analysis

TSX:CGL-C • CA46432D1024

Current stock price

52.37 CAD
+0.46 (+0.89%)
Last:

CGL-C.CA Technical Rating and Analysis

1

Taking everything into account, CGL-C scores 1 out of 10 in our technical rating. CGL-C has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

  • In the last month CGL-C has a been trading in the 51.70 - 55.80 range, which is quite wide. It is currently trading near the lows of this range.
  • Warning: CGL-C has an average volume of 28905 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
  • When compared to the yearly performance of all other stocks, CGL-C outperforms 61% of them, which is more or less in line with the market.
  • CGL-C is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CGL-C is lagging the market.

CGL-C.CA Weekly and Daily overview Charts

ISHARES GOLD BULLION FUND / CGL-C Weekly stock chart
ISHARES GOLD BULLION FUND / CGL-C Daily stock chart

CGL-C.CA Setup Rating and Analysis

3

The technical rating of CGL-C is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

CGL-C.CA Support and Resistance Analysis

47.03

56.33

4 important support areas can be observed.

  • A support zone ranging from 51.55 to 52.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @50.40 from a horizontal line in the daily time frame.
  • Support @49.48 from a horizontal line in the daily time frame.
  • Support @47.50 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 53.56 to 54.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 55.31 to 55.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

CGL-C.CA Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for CGL-C.CA is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for CGL-C.CA is down.
ChartMill Relative Strength61.86NEUTRALCGL-C.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of CGL-C.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of CGL-C.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of CGL-C.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)40.19NEUTRALThe RSI value for CGL-C.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.21NEGATIVEThe MACD value suggests CGL-C.CA has a negative trend.
Stochastics (14,3)11.02OVERSOLDThe low Stochastics value suggests CGL-C.CA may be oversold.
Average True Range in percent/ATR (20)1.68LOW VOLATILITYThe low ATR as a percentage value for CGL-C.CA suggests low volalility.
Average Directional Index/ADX (14)20.06NEUTRALThe ADX value for CGL-C.CA suggests a possible start of a new trend.

CGL-C.CA Chart- and CandleStick Pattern Analysis

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)

CGL-C.CA Technicals: Chart, Performance Metrics, Trend & Indicators

ISHARES GOLD BULLION FUND / CGL-C Daily stock chart

ISHARES GOLD BULLION FUND

TSX:CGL-C (4/30/2026, 7:00:00 PM)

52.37

+0.46 (+0.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.89%
1 Week-2.48%
2 Weeks-4.63%
1 Month-5.32%
3 Month-5.26%
6 Month11.54%
12 Month39.73%
2 Year96.22%
3 Year128.39%
5 Year180.2%
10 Year263.43%
15 Year292.58%
Volatility
ATR(14)0.84
ATR(20)%1.68%
ATR Inc9%
Range Today0.45
ADR(20)0.62
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.86
3 months CRS32.39
6 months CRS67.11
Mansfield0.22
10 Day High55.8
10 Day Low51.7
20 Day High55.8
20 Day Low51.7
52 Week High62.59
52 Week Low37.23
CS1 End52.14
CR1 Start53.56
Volume & EV
DER(3)-3.79%
DER(5)-3.29%
Volume11.35K
Volume Incr26.23%
Vol(5)23.96K
Vol(50)28.91K

ISHARES GOLD BULLION FUND / CGL-C.CA TA FAQ

What is the technical rating for CGL-C stock?

ChartMill assigns a technical rating of 1 / 10 to CGL-C.CA.


What is the trend direction for CGL-C stock?

The current trend direction for ISHARES GOLD BULLION FUND (CGL-C.CA) is Bearish.


What is the RSI signal for CGL-C stock?

ISHARES GOLD BULLION FUND (CGL-C.CA) has an RSI value of 40.185. This indicates that the stock is currently neutral.


What is the short term momentum for ISHARES GOLD BULLION FUND (CGL-C.CA) stock?

The short term momentum for ISHARES GOLD BULLION FUND (CGL-C.CA) is negative.


What is the support and resistance level for CGL-C stock?

ISHARES GOLD BULLION FUND (CGL-C.CA) has a support level at 52.14 and a resistance level at 53.56. Check the full technical report for our detailed analysis of CGL-C.CA support and resistance levels.