ISHARES GOLD BULLION ETF (CGL.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CGL - CA46432D2014 - ETF
Taking everything into account, CGL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CGL has proven to be a steady performer, scoring decent points in every aspect analyzed.
CGL has an excellent technical rating, but the quality of the setup is only medium 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
25.05
6 important support areas can be observed.
- A support zone ranging from 33.68 to 34.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @30.96 from a horizontal line in the weekly time frame.
- Support @30.43 from a horizontal line in the daily time frame.
- Support @29.32 from a trend line in the weekly time frame.
- A support zone ranging from 28.23 to 28.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @25.30 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.76 to 34.76. 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 CGL.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGL.CA is up. |
| ChartMill Relative Strength | 76.61 | POSITIVE | CGL.CA has a high relative strength, it outperformed 76.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CGL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CGL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.6 | NEUTRAL | The RSI value for CGL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CGL.CA has a positive trend. |
| Stochastics (14,3) | 85.45 | OVERBOUGHT | The high Stochastics value suggests CGL.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for CGL.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.5 | POSITIVE | The high ADX value value for CGL.CA suggests a strong trend. |
TSX:CGL (1/9/2026, 7:00:00 PM)
34.75
+0.27 (+0.78%)
ISHARES GOLD BULLION ETF / CGL.CA FAQ
Can you provide the ChartMill technical rating for ISHARES GOLD BULLION ETF?
ChartMill assigns a technical rating of 10 / 10 to CGL.CA.
Can you provide the trend direction for ISHARES GOLD BULLION ETF?
The current trend direction for ISHARES GOLD BULLION ETF (CGL.CA) is Bullish.
Can you provide the RSI signal for ISHARES GOLD BULLION ETF?
ISHARES GOLD BULLION ETF (CGL.CA) has an RSI value of 65.5974. This indicates that the stock is currently neutral.
What is the MACD signal for ISHARES GOLD BULLION ETF (CGL.CA) stock?
The MACD indicator for ISHARES GOLD BULLION ETF (CGL.CA) has a value of 0.036924, indicating a bearish trend.
What are the support and resistance levels for ISHARES GOLD BULLION ETF (CGL.CA) stock?
ISHARES GOLD BULLION ETF (CGL.CA) has a support level at 34.04 and a resistance level at 34.76. Check the full technical report for our detailed analysis of CGL.CA support and resistance levels.