GOLCONDA GOLD LTD (GG.CA) Stock Technical Analysis
Canada - TSX-V:GG - CA38047D1069 - Common Stock
Overall GG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, GG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
1.19
We found 2 important support areas.
- A support zone ranging from 1.82 to 1.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.20 from a trend line in the daily time frame.
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 GG.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GG.CA is neutral. |
| ChartMill Relative Strength | 98.23 | POSITIVE | GG.CA has a high relative strength, it outperformed 98.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GG.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.25 | NEUTRAL | The RSI value for GG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests GG.CA has a negative trend. |
| Stochastics (14,3) | 4.36 | OVERSOLD | The low Stochastics value suggests GG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 11.04 | HIGH VOLATILITY | The high ATR as a percentage value for GG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.77 | POSITIVE | The high ADX value value for GG.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 1.98 | 1.84 | 0.14 (7.28%) | 13.73% |
| An entry @1.98. This is a Buy Stop order right above the 10 day moving average. | An exit @1.84. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.14 points, which is 7.28%. | For a 1.00% total portfolio risk, you can invest 13.73% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GG. Please evaluate whether better entry and exit points can be found.
- 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.
TSX-V:GG (11/3/2025, 7:00:00 PM)
1.83
-0.05 (-2.66%)
GOLCONDA GOLD LTD / GG.CA FAQ
What is the technical rating for GG stock?
ChartMill assigns a technical rating of 9 / 10 to GG.CA.
Can you provide the trend direction for GOLCONDA GOLD LTD?
The current trend direction for GOLCONDA GOLD LTD (GG.CA) is Bullish.
Can you provide the RSI signal for GOLCONDA GOLD LTD?
GOLCONDA GOLD LTD (GG.CA) has an RSI value of 45.2535. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GOLCONDA GOLD LTD?
The MACD indicator for GOLCONDA GOLD LTD (GG.CA) has a value of -0.0551083, indicating a bearish trend.
What are the support and resistance levels for GOLCONDA GOLD LTD (GG.CA) stock?
GOLCONDA GOLD LTD (GG.CA) has a support level at 1.87. Check the full technical report for our detailed analysis of GG.CA support and resistance levels.