GOLDGROUP MINING INC (GGA.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:GGA • CA38141A4046
Overall GGA gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month GGA has a been trading in the 1.46 - 2.16 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the yearly performance of all stocks, we notice that GGA is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, GGA also shows a nice and consistent pattern of rising prices.
- GGA is part of the Metals & Mining industry. There are 814 other stocks in this industry. GGA outperforms 89% of them.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- GGA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GGA is lagging the market.
Although GGA has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.85
When analyzing the support we can see 5 important areas.
- A support zone ranging from 1.48 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.24 from a trend line in the daily time frame.
- Support @1.19 from a trend line in the weekly time frame.
- Support @1.08 from a horizontal line in the daily time frame.
- Support @0.86 from a horizontal 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 GGA.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GGA.CA is down. |
| ChartMill Relative Strength | 95.78 | POSITIVE | GGA.CA has a high relative strength, it outperformed 95.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GGA.CA is below a declining 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) | 42.84 | NEUTRAL | The RSI value for GGA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests GGA.CA has a negative trend. |
| Stochastics (14,3) | 16.19 | OVERSOLD | The low Stochastics value suggests GGA.CA may be oversold. |
| Average True Range in percent/ATR (20) | 12.02 | HIGH VOLATILITY | The high ATR as a percentage value for GGA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 41.99 | POSITIVE | The high ADX value value for GGA.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 |
|---|---|---|---|
| 1.77 | 1.47 | 0.30 (16.90%) | 5.92% |
| An entry @1.77. This is a Buy Stop order right above the 10 day moving average. | An exit @1.47. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.30 points, which is 16.90%. | When investing 5.92% 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 (2/5/2026, 7:00:00 PM)
1.52
-0.05 (-3.18%)
GOLDGROUP MINING INC / GGA.CA FAQ
What is the ChartMill technical rating of GOLDGROUP MINING INC (GGA.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to GGA.CA.
What is the trend direction for GGA stock?
The current trend direction for GOLDGROUP MINING INC (GGA.CA) is Bullish.
What is the RSI signal for GGA stock?
GOLDGROUP MINING INC (GGA.CA) has an RSI value of 42.8379. This indicates that the stock is currently neutral.
What is the short term momentum for GGA stock?
The short term momentum for GOLDGROUP MINING INC (GGA.CA) is negative.
What is the buy/sell signal for GGA stock?
The buy/sell signal for GOLDGROUP MINING INC (GGA.CA) is hold as the short term and long term trends are mixed.