ISHARES GOLD BULLION ETF (CGL.CA) Technical Analysis
TSX:CGL • CA46432D2014
Current stock price
CGL.CA Technical Rating and Analysis
Taking everything into account, CGL scores 6 out of 10 in our technical rating. Although CGL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month CGL has a been trading in the 33.32 - 37.35 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, CGL outperforms 63% of them, which is more or less in line with the market.
- CGL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CGL is lagging the market.
- Considerably lower volume is observed in the last couple of days.
CGL.CA Weekly and Daily overview Charts
CGL.CA Setup Rating and Analysis
CGL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
CGL.CA Support and Resistance Analysis
31.41
4 important support areas can be observed.
- A support zone ranging from 35.73 to 35.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.25 to 34.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 33.20 to 33.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @31.73 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 | UP | POSITIVE | The short term trend for CGL.CA is up. |
| ChartMill Relative Strength | 63.56 | NEUTRAL | CGL.CA is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of CGL.CA is below 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) | 51.84 | NEUTRAL | The RSI value for CGL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests CGL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.27 | OVERBOUGHT | The high Stochastics value suggests CGL.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for CGL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.69 | 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 |
|---|---|---|---|
| 37.36 | 35.72 | 1.64 (4.39%) | 22.78% |
| An entry @37.36. This is a Buy Stop order right above the 10 day high. | An exit @35.72. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.64 points, which is 4.39%. | For a 1.00% total portfolio risk, you can invest 22.78% of your capital in this trade. |
- 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 (4/20/2026, 7:00:00 PM)
36.85
-0.35 (-0.94%)
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 6 / 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.
What is the RSI signal for CGL stock?
ISHARES GOLD BULLION ETF (CGL.CA) has an RSI value of 51.8355. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ISHARES GOLD BULLION ETF?
The buy/sell signal for ISHARES GOLD BULLION ETF (CGL.CA) is buy as both the short term and long term trends are positive.
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 35.94 and a resistance level at 41.47. Check the full technical report for our detailed analysis of CGL.CA support and resistance levels.