ISHARES GOLD BULLION ETF (CGL.CA) Stock Technical Analysis
TSX:CGL - Toronto Stock Exchange - CA46432D2014 - ETF - Currency: CAD
Taking everything into account, CGL 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 is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, CGL did better than 87% of all other stocks. We also observe that the gains produced by CGL over the past year are nicely spread over this period.
CGL is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so CGL slightly outperforms the market at the moment.
In the last month CGL has a been trading in the 23.26 - 27.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although CGL has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
22.19
27.10
3 important support areas can be observed.
- A support zone ranging from 24.18 to 24.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.33 to 23.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 22.41 to 22.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @26.83 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.04
Mansfield2.11
10 Day High27.04
10 Day Low25.04
20 Day High27.04
20 Day Low23.26
52 Week High27.04
52 Week Low18.25
Performance
1 Week-3.25%
2 Weeks-3.32%
1 Month2.8%
3 Month14.48%
6 Month16.64%
12 Month37.8%
2 Year59.42%
3 Year69.34%
5 Year74.36%
10 Year140.04%
15 Year128.96%
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)
Technical Indicators
MACD(12,26,9)-0.1
RSI(14)51.6
LBB25.01
UBB26.78
TSX:CGL (5/1/2025, 7:00:00 PM)
25.3
-0.38 (-1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.48%
1 Week-3.25%
2 Weeks-3.32%
1 Month2.8%
3 Month14.48%
6 Month16.64%
12 Month37.8%
2 Year59.42%
3 Year69.34%
5 Year74.36%
10 Year140.04%
15 Year128.96%
Volatility
ATR(14)0.54
ATR(20)%2.33%
ATR Inc-23.53%
Range Today0.32
ADR(20)0.39
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.04
Mansfield2.11
10 Day High27.04
10 Day Low25.04
20 Day High27.04
20 Day Low23.26
52 Week High27.04
52 Week Low18.25
CS1 End24.25
CR1 Start26.83
Volume & EV
DER(3)-0.59%
DER(5)0.38%
Volume244.90K
Volume Incr-44.93%
Vol(5)164.98K
Vol(50)194.53K