ISHARES GOLD BULLION ETF (CGL.CA) Technical Analysis
TSX:CGL • CA46432D2014
Current stock price
CGL.CA Technical Rating and Analysis
Overall CGL gets a technical rating of 4 out of 10. In the last year, CGL was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- 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!
- In the last month CGL has a been trading in the 33.32 - 37.10 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, CGL turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
- CGL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CGL is lagging the market.
- Considerably lower volume is observed in the last couple of days.
CGL.CA Weekly and Daily overview Charts
CGL.CA Setup Rating and Analysis
CGL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for CGL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CGL.CA Support and Resistance Analysis
31.25
When analyzing the support we can see 4 important areas.
- A support zone ranging from 35.54 to 35.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.15 to 34.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 33.20 to 33.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @31.57 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 41.47 to 41.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
CGL.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.
| 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 | NEUTRAL | NEUTRAL | The short term trend for CGL.CA is neutral. |
| ChartMill Relative Strength | 65.9 | NEUTRAL | CGL.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CGL.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CGL.CA is below a declining 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) | 51.15 | NEUTRAL | The RSI value for CGL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests CGL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.21 | OVERBOUGHT | The high Stochastics value suggests CGL.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for CGL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.51 | NEGATIVE | The low ADX value for CGL.CA suggests a weak or negative trend. |
CGL.CA Chart- and CandleStick Pattern Analysis
CGL.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:CGL (4/16/2026, 7:00:00 PM)
36.7
+0.02 (+0.05%)
ISHARES GOLD BULLION ETF / CGL.CA TA FAQ
Can you provide the ChartMill technical rating for ISHARES GOLD BULLION ETF?
ChartMill assigns a technical rating of 4 / 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.
What is the RSI signal for CGL stock?
ISHARES GOLD BULLION ETF (CGL.CA) has an RSI value of 51.1524. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ISHARES GOLD BULLION ETF?
ISHARES GOLD BULLION ETF (CGL.CA) has a support level at 35.66 and a resistance level at 41.47. Check the full technical report for our detailed analysis of CGL.CA support and resistance levels.