GOGOLD RESOURCES INC (GGD.CA) Stock Technical Analysis
TSX:GGD • CA38045Y1025
We assign a technical rating of 10 out of 10 to GGD. Both in the recent history as in the last year, GGD has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that GGD is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, GGD also shows a nice and consistent pattern of rising prices.
- GGD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GGD is lagging the market slightly.
- GGD has an average volume of 2646920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- GGD is an average performer in the Metals & Mining industry, it outperforms 63% of 802 stocks in the same industry.
- In the last month GGD has a been trading in the 2.96 - 4.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although GGD has an excellent technical rating, it does not present a decent entry opportunity 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.
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2.50
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.12 to 3.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.02 to 3.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 2.53 to 2.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 GGD.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GGD.CA is up. |
| ChartMill Relative Strength | 86.7 | POSITIVE | GGD.CA has a high relative strength, it outperformed 86.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GGD.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GGD.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GGD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.4 | NEUTRAL | The RSI value for GGD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GGD.CA has a positive trend. |
| Stochastics (14,3) | 64.16 | NEUTRAL | The Stochastics value for GGD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.18 | HIGH VOLATILITY | The high ATR as a percentage value for GGD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.34 | NEGATIVE | The low ADX value for GGD.CA suggests a weak or negative trend. |
TSX:GGD (2/20/2026, 7:00:00 PM)
3.55
+0.19 (+5.65%)
GOGOLD RESOURCES INC / GGD.CA FAQ
What is the technical rating for GGD stock?
ChartMill assigns a technical rating of 10 / 10 to GGD.CA.
What is the trend direction for GGD stock?
The current trend direction for GOGOLD RESOURCES INC (GGD.CA) is Bullish.
What is the RSI signal for GGD stock?
GOGOLD RESOURCES INC (GGD.CA) has an RSI value of 57.4022. This indicates that the stock is currently neutral.
What is the short term momentum for GGD stock?
The short term momentum for GOGOLD RESOURCES INC (GGD.CA) is positive.
What is the support and resistance level for GGD stock?
GOGOLD RESOURCES INC (GGD.CA) has a support level at 3.22. Check the full technical report for our detailed analysis of GGD.CA support and resistance levels.