ISHARES GOLD BULLION ETF (CGL.CA) Stock Technical Analysis
Canada - TSX:CGL - CA46432D2014 - ETF
31.8 CAD
+0.02 (+0.06%)
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 78% 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 however is currently trading near a new high, so CGL is lagging the market slightly.
In the last month CGL has a been trading in the 28.86 - 33.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
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.
More info and screens
25.05
32.12
We found 5 important support areas.
- A support zone ranging from 31.78 to 31.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.56 from a trend line in the weekly time frame.
- A support zone ranging from 26.74 to 27.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.14 from a trend line in the daily time frame.
- Strong support @25.30 from a horizontal line in the daily time frame.
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 | 78.91 | POSITIVE | CGL.CA has a high relative strength, it outperformed 78.91% 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) | 58.14 | NEUTRAL | The RSI value for CGL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CGL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.28 | NEUTRAL | The Stochastics value for CGL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for CGL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 43.61 | POSITIVE | The high ADX value value for CGL.CA suggests a strong trend. |
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)
TSX:CGL (10/22/2025, 7:00:00 PM)
31.8
+0.02 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.06%
1 Week-2.81%
2 Weeks3.15%
1 Month8.83%
3 Month22.31%
6 Month22.87%
12 Month46.07%
2 Year99.5%
3 Year140.18%
5 Year103.98%
10 Year216.42%
15 Year159.59%
Volatility
ATR(14)0.83
ATR(20)%2.16%
ATR Inc150.5%
Range Today0.85
ADR(20)0.48
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.91
3 months CRS76.71
6 months CRS63.23
Mansfield1.6
10 Day High33.97
10 Day Low30.6
20 Day High33.97
20 Day Low28.86
52 Week High33.97
52 Week Low20.26
CS1 End31.79
CR1 StartN/A
Volume & EV
DER(3)0.64%
DER(5)-5.32%
Volume410.29K
Volume Incr162.95%
Vol(5)509.08K
Vol(50)183.19K