ISHARES GOLD BULLION FUND (CGL-C.CA) Technical Analysis
TSX:CGL-C • CA46432D1024
Taking everything into account, CGL-C scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CGL-C is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, CGL-C did better than 75% of all other stocks. We also observe that the gains produced by CGL-C over the past year are nicely spread over this period.
- CGL-C is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CGL-C is performing more or less in line with the market.
- In the last month CGL-C has a been trading in the 55.44 - 61.20 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.
CGL-C has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 61.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.53, a Stop Loss order could be placed below this zone.
More info and screens
52.73
3 important support areas can be observed.
- A support zone ranging from 57.75 to 58.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.17 to 56.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.26 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 61.00 to 61.02. This zone is formed by a combination of multiple trend lines 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 CGL-C.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGL-C.CA is up. |
| ChartMill Relative Strength | 75.1 | POSITIVE | CGL-C.CA has a high relative strength, it outperformed 75.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGL-C.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGL-C.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGL-C.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.52 | NEUTRAL | The RSI value for CGL-C.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests CGL-C.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.13 | NEUTRAL | The Stochastics value for CGL-C.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for CGL-C.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.97 | NEGATIVE | The low ADX value for CGL-C.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 |
|---|---|---|---|
| 59.03 | 57.74 | 1.29 (2.19%) | 25.00% |
| An entry @59.03. This is a Buy Stop order right above the 10 day moving average. | An exit @57.74. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.29 points, which is 2.19%. | For a 0.55% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CGL-C. 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.
CGL-C.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:CGL-C (3/11/2026, 7:00:00 PM)
58.88
-0.21 (-0.36%)
ISHARES GOLD BULLION FUND / CGL-C.CA FAQ
What is the technical rating for CGL-C stock?
ChartMill assigns a technical rating of 10 / 10 to CGL-C.CA.
What is the current trend direction of ISHARES GOLD BULLION FUND (CGL-C.CA) stock?
The current trend direction for ISHARES GOLD BULLION FUND (CGL-C.CA) is Bullish.
Can you provide the RSI signal for ISHARES GOLD BULLION FUND?
ISHARES GOLD BULLION FUND (CGL-C.CA) has an RSI value of 54.5166. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ISHARES GOLD BULLION FUND?
The MACD indicator for ISHARES GOLD BULLION FUND (CGL-C.CA) has a value of -0.178953, indicating a bearish trend.
Can you provide the buy/sell signal for ISHARES GOLD BULLION FUND?
The buy/sell signal for ISHARES GOLD BULLION FUND (CGL-C.CA) is buy as both the short term and long term trends are positive.