CANADIAN GOLDFIELDS DISCOVER (CGM.CA) Technical Analysis
TSX-V:CGM • CA1358711010
Current stock price
CGM.CA Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to CGM. CGM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 100% of all other stocks performed better in the past year than CGM.
- CGM is one of the lesser performing stocks in the Metals & Mining industry. 93% of 802 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month CGM has a been trading in the 0.38 - 0.51 range, which is quite wide. It is currently trading near the high of this range.
CGM.CA Weekly and Daily overview Charts
CGM.CA Setup Rating and Analysis
CGM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.49. Right above this resistance zone may be a good entry point.
More info and screens
CGM.CA Support and Resistance Analysis
0.41
We found 1 important support area.
- Support @0.41 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.51 from a horizontal line in the daily time frame.
CGM.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 CGM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CGM.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CGM.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CGM.CA is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 56.92 | NEUTRAL | The RSI value for CGM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CGM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.67 | NEUTRAL | The Stochastics value for CGM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.4 | HIGH VOLATILITY | The high ATR as a percentage value for CGM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.36 | NEGATIVE | The low ADX value for CGM.CA suggests a weak or negative trend. |
CGM.CA Chart- and CandleStick Pattern Analysis
CGM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:CGM (4/24/2026, 7:00:00 PM)
0.485
+0.03 (+7.78%)
CANADIAN GOLDFIELDS DISCOVER / CGM.CA TA FAQ
What is the technical rating for CGM stock?
ChartMill assigns a technical rating of 4 / 10 to CGM.CA.
What is the current trend direction of CANADIAN GOLDFIELDS DISCOVER (CGM.CA) stock?
The current trend direction for CANADIAN GOLDFIELDS DISCOVER (CGM.CA) is Bullish.
What is the RSI signal for CANADIAN GOLDFIELDS DISCOVER (CGM.CA) stock?
CANADIAN GOLDFIELDS DISCOVER (CGM.CA) has an RSI value of 56.9173. This indicates that the stock is currently neutral.
What is the short term momentum for CANADIAN GOLDFIELDS DISCOVER (CGM.CA) stock?
The short term momentum for CANADIAN GOLDFIELDS DISCOVER (CGM.CA) is positive.
Can you provide the buy/sell signal for CANADIAN GOLDFIELDS DISCOVER?
The buy/sell signal for CANADIAN GOLDFIELDS DISCOVER (CGM.CA) is buy as both the short term and long term trends are positive.