GALIANO GOLD INC (GAU) Technical Analysis
NYSEARCA:GAU • CA36352H1001
Current stock price
GAU Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to GAU. Although GAU is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, GAU did better than 86% of all other stocks.
- GAU has an average volume of 3803200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- GAU is an average performer in the Metals & Mining industry, it outperforms 52% of 163 stocks in the same industry.
- GAU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GAU is lagging the market.
- In the last month GAU has a been trading in the 2.17 - 2.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GAU Weekly and Daily overview Charts
GAU Setup Rating and Analysis
Although the technical rating is only medium, GAU does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.31, a Stop Loss order could be placed below this zone.
More info and screens
GAU Support and Resistance Analysis
2.15
3 important support areas can be observed.
- A support zone ranging from 2.30 to 2.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.23 to 2.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.17 to 2.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.71 to 2.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
GAU 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 | NEUTRAL | NEUTRAL | The long term trend for GAU is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GAU is neutral. |
| ChartMill Relative Strength | 86.01 | POSITIVE | GAU has a high relative strength, it outperformed 86.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GAU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GAU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GAU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.14 | NEUTRAL | The RSI value for GAU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GAU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.87 | NEUTRAL | The Stochastics value for GAU is a neutral value. |
| Average True Range in percent/ATR (20) | 5.21 | HIGH VOLATILITY | The high ATR as a percentage value for GAU suggests high volalility. |
| Average Directional Index/ADX (14) | 14.92 | NEGATIVE | The low ADX value for GAU suggests a weak or negative trend. |
GAU Chart- and CandleStick Pattern Analysis
GAU Technicals: Chart, Performance Metrics, Trend & Indicators
2.54
+0.06 (+2.42%)
GALIANO GOLD INC / GAU TA FAQ
Can you provide the ChartMill technical rating for GALIANO GOLD INC?
ChartMill assigns a technical rating of 5 / 10 to GAU.
What is the current trend direction of GALIANO GOLD INC (GAU) stock?
The current trend direction for GALIANO GOLD INC (GAU) is Bearish.
What is the RSI signal for GALIANO GOLD INC (GAU) stock?
GALIANO GOLD INC (GAU) has an RSI value of 47.1422. This indicates that the stock is currently neutral.
What are the support and resistance levels for GALIANO GOLD INC (GAU) stock?
GALIANO GOLD INC (GAU) has a support level at 2.31 and a resistance level at 2.71. Check the full technical report for our detailed analysis of GAU support and resistance levels.