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ISHARES GOLD BULLION ETF (CGL.CA) Stock Technical Analysis

TSX:CGL - Toronto Stock Exchange - CA46432D2014 - ETF - Currency: CAD

22.58  +0.05 (+0.22%)

Technical Rating and Analysis

10

Overall CGL gets a technical rating of 10 out of 10. 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 and short term trends are both positive. This is looking good!
Looking at the yearly performance, CGL did better than 81% 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 making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CGL has a been trading in the 20.99 - 22.77 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ISHARES GOLD BULLION ETF / CGL Weekly stock chart
ISHARES GOLD BULLION ETF / CGL Daily stock chart
Setup Rating and Analysis

3

Although CGL has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

19.58

22.84

4 important support areas can be observed.

  • A support zone ranging from 21.10 to 21.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @20.70 from a horizontal line in the daily time frame.
  • A support zone ranging from 20.32 to 20.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @19.78 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 22.59 to 22.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.26
Mansfield0.61
10 Day High22.77
10 Day Low21.57
20 Day High22.77
20 Day Low20.99
52 Week High22.77
52 Week Low15.88
Performance
1 Week2.17%
2 Weeks3.11%
1 Month6.11%
3 Month6.06%
6 Month16.99%
12 Month39.56%
2 Year53.19%
3 Year44.37%
5 Year70.67%
10 Year109.46%
15 Year124.01%
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)0.08
RSI(14)72.47
LBB21.37
UBB22.76
ISHARES GOLD BULLION ETF / CGL Daily stock chart

ISHARES GOLD BULLION ETF

TSX:CGL (2/7/2025, 7:00:00 PM)

22.58

+0.05 (+0.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.22%
1 Week2.17%
2 Weeks3.11%
1 Month6.11%
3 Month6.06%
6 Month16.99%
12 Month39.56%
2 Year53.19%
3 Year44.37%
5 Year70.67%
10 Year109.46%
15 Year124.01%
Volatility
ATR(14)0.24
ATR(20)%0.99%
ATR Inc4.56%
Range Today0.24
ADR(20)0.15
ADR(20)%0.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.26
Mansfield0.61
10 Day High22.77
10 Day Low21.57
20 Day High22.77
20 Day Low20.99
52 Week High22.77
52 Week Low15.88
CS1 End21.43
CR1 Start22.59
Volume & EV
DER(3)-1.25%
DER(5)-0.43%
Volume72.72K
Volume Incr49.47%
Vol(5)87.17K
Vol(50)53.69K