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 9 out of 10. 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, CGL did better than 76% of all other stocks. On top of that, CGL also shows a nice and consistent pattern of rising prices.
- CGL 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 is performing more or less in line with the market.
- In the last month CGL has a been trading in the 37.22 - 41.15 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.CA Weekly and Daily overview Charts
CGL.CA Setup Rating and Analysis
Besides having an excellent technical rating, CGL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 38.49, a Stop Loss order could be placed below this zone.
More info and screens
CGL.CA Support and Resistance Analysis
30.46
When analyzing the support we can see 3 important areas.
- A support zone ranging from 37.92 to 38.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.17 to 37.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.77 from a trend line in the weekly time frame.
We found 1 important resistance 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 | 76.69 | POSITIVE | CGL.CA has a high relative strength, it outperformed 76.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CGL.CA is below 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) | 47.51 | NEUTRAL | The RSI value for CGL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests CGL.CA has a negative trend. |
| Stochastics (14,3) | 26.05 | NEUTRAL | The Stochastics value for CGL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for CGL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.17 | NEGATIVE | The low ADX value for CGL.CA suggests a weak or negative trend. |
CGL.CA Chart- and CandleStick Pattern Analysis
CGL.CA Example Setup
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 |
|---|---|---|---|
| 39.48 | 38.35 | 1.13 (2.85%) | 25.00% |
| An entry @39.48. This is a Buy Stop order right above the 10 day moving average. | An exit @38.35. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.13 points, which is 2.85%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.71%. |
- The distance between exit and entry is rather small compared to the average daily movement of CGL. 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.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:CGL (3/13/2026, 7:00:00 PM)
38.5
-0.52 (-1.33%)
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 9 / 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 47.5144. 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 -0.211327, 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 38.49 and a resistance level at 41.47. Check the full technical report for our detailed analysis of CGL.CA support and resistance levels.