ISHARES GOLD BULLION ETF (CGL.CA) Stock Technical Analysis
TSX:CGL - CA46432D2014 - ETF
26.83 CAD
+0.22 (+0.83%)
Taking everything into account, CGL scores 9 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CGL did better than 70% of all other stocks. On top of that, CGL also shows a nice and consistent pattern of rising prices.
CGL is currently trading near its 52 week high, which is a good sign. 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 a tight range between 25.77 and 26.84.
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
23.99
27.11
3 important support areas can be observed.
- A support zone ranging from 25.95 to 26.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.30 to 25.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @24.23 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.83 to 26.84. 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 | 70.09 | POSITIVE | CGL.CA has a high relative strength, it outperformed 70.09% 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) | 65.16 | NEUTRAL | The RSI value for CGL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests CGL.CA has a positive trend. |
| Stochastics (14,3) | 96.31 | OVERBOUGHT | The high Stochastics value suggests CGL.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.83 | LOW VOLATILITY | The low ATR as a percentage value for CGL.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11 | NEGATIVE | The low ADX value for CGL.CA suggests a weak or negative 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 (8/29/2025, 7:00:00 PM)
26.83
+0.22 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.83%
1 Week2.48%
2 Weeks3.37%
1 Month4.93%
3 Month4.07%
6 Month19.3%
12 Month34.89%
2 Year72.43%
3 Year92.19%
5 Year63.9%
10 Year168.03%
15 Year138.49%
Volatility
ATR(14)0.19
ATR(20)%0.83%
ATR Inc26.7%
Range Today0.29
ADR(20)0.17
ADR(20)%0.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.09
Mansfield0.45
10 Day High26.84
10 Day Low25.77
20 Day High26.84
20 Day Low25.77
52 Week High27.04
52 Week Low19.66
CS1 End26.39
CR1 Start26.83
Volume & EV
DER(3)1.45%
DER(5)-1.67%
Volume102.95K
Volume Incr-7.38%
Vol(5)72.46K
Vol(50)103.71K