ISHARES GOLD BULLION ETF (CGL.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CGL - CA46432D2014 - ETF
Taking everything into account, CGL scores 9 out of 10 in our technical rating. 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.
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
When analyzing the support we can see 5 important areas.
- Support @30.44 from a horizontal line in the daily time frame.
- Support @29.16 from a trend line in the weekly time frame.
- A support zone ranging from 28.13 to 28.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.71 from a trend line in the daily time frame.
- Strong support @25.30 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 34.48 to 34.70. 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 | 77.74 | POSITIVE | CGL.CA has a high relative strength, it outperformed 77.74% 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) | DOWN | MIXED | The current price of CGL.CA is above 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) | 52.58 | NEUTRAL | The RSI value for CGL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CGL.CA has a negative trend. |
| Stochastics (14,3) | 44.52 | NEUTRAL | The Stochastics value for CGL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for CGL.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 29.05 | POSITIVE | The high ADX value value for CGL.CA suggests a strong trend. |
TSX:CGL (12/31/2025, 7:00:00 PM)
33.2
-0.3 (-0.9%)
ISHARES GOLD BULLION ETF / CGL.CA 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 52.5847. 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 -0.0496487, 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 30.44 and a resistance level at 34.48. Check the full technical report for our detailed analysis of CGL.CA support and resistance levels.