GOLDGROUP MINING INC (GGA.CA) Stock Technical Analysis
TSX:GGA - Toronto Stock Exchange - CA38141A4046 - Common Stock - Currency: CAD
Overall GGA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GGA is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, GGA did better than 99% of all other stocks. On top of that, GGA also shows a nice and consistent pattern of rising prices.
GGA is one of the better performing stocks in the Metals & Mining industry, it outperforms 99% of 806 stocks in the same industry.
GGA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GGA has a been trading in the 0.95 - 1.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, GGA 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. We notice that large players showed an interest for GGA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.90
1.07
We found 3 important support areas.
- Support @1.05 from a trend line in the daily time frame.
- Support @0.93 from a horizontal line in the daily time frame.
- Support @0.91 from a horizontal line in the weekly 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 GGA.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GGA.CA is neutral. |
| ChartMill Relative Strength | 99.91 | POSITIVE | GGA.CA has a high relative strength, it outperformed 99.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GGA.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GGA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GGA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.46 | NEUTRAL | The RSI value for GGA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GGA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.36 | NEUTRAL | The Stochastics value for GGA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.48 | HIGH VOLATILITY | The high ATR as a percentage value for GGA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.41 | NEGATIVE | The low ADX value for GGA.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 1.19 | 1.04 | 0.15 (12.61%) | 7.93% |
| An entry @1.19. This is a Buy Stop order right above the 10 day high. | An exit @1.04. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.15 points, which is 12.61%. | When investing 7.93% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:GGA (7/29/2025, 7:00:00 PM)
1.06
-0.07 (-6.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-6.19%
1 Week-4.5%
2 Weeks-1.85%
1 Month9.28%
3 Month1.92%
6 Month417.07%
12 Month2550%
2 Year2255.56%
3 Year430%
5 Year112%
10 Year17.78%
15 Year-82.9%
Volatility
ATR(14)0.09
ATR(20)%7.48%
ATR Inc-12.84%
Range Today0.08
ADR(20)0.08
ADR(20)%7.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.91
Mansfield10.53
10 Day High1.18
10 Day Low0.95
20 Day High1.18
20 Day Low0.95
52 Week High1.18
52 Week Low0.04
CS1 End1.05
CR1 StartN/A
Volume & EV
DER(3)144.79%
DER(5)86.87%
Volume74.44K
Volume Incr-52.86%
Vol(5)77.24K
Vol(50)254.82K