GOGOLD RESOURCES INC (GGD.CA) Technical Analysis
TSX:GGD • CA38045Y1025
Current stock price
2.89 CAD
-0.01 (-0.34%)
Last:
GGD.CA Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to GGD. GGD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- GGD is one of the lesser performing stocks in the Metals & Mining industry. 60% of 801 stocks in the same industry do better.
- In the last month GGD has a been trading in the 2.30 - 2.98 range, which is quite wide. It is currently trading near the high of this range.
- GGD has an average volume of 2156370 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.
- When comparing the performance of all stocks over the past year, GGD turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
- GGD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GGD is lagging the market.
- Considerably lower volume is observed in the last couple of days.
GGD.CA Weekly and Daily overview Charts
GGD.CA Setup Rating and Analysis
GGD has a poor technical rating and the quality of the setup is also not perfect 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
GGD.CA Support and Resistance Analysis
2.24
3.35
4 important support areas can be observed.
- A support zone ranging from 2.66 to 2.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.40 from a trend line in the weekly time frame.
- A support zone ranging from 2.32 to 2.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.26 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.90 to 2.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.32 from a trend line in the daily time frame.
GGD.CA 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 GGD.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GGD.CA is neutral. |
| ChartMill Relative Strength | 62.37 | NEUTRAL | GGD.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GGD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GGD.CA is below a declining 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) | 54.42 | NEUTRAL | The RSI value for GGD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GGD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.51 | OVERBOUGHT | The high Stochastics value suggests GGD.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.12 | HIGH VOLATILITY | The high ATR as a percentage value for GGD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.86 | NEGATIVE | The low ADX value for GGD.CA suggests a weak or negative trend. |
GGD.CA Chart- and CandleStick Pattern Analysis
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)
GGD.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:GGD (4/20/2026, 7:00:00 PM)
2.89
-0.01 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.34%
1 Week5.47%
2 Weeks6.25%
1 Month25.11%
3 Month-26.46%
6 Month9.06%
12 Month63.28%
2 Year109.42%
3 Year63.28%
5 Year11.58%
10 Year100.69%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%5.12%
ATR Inc-13.74%
Range Today0.1
ADR(20)0.14
ADR(20)%4.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.37
3 months CRS10.65
6 months CRS61.3
Mansfield0.31
10 Day High2.98
10 Day Low2.58
20 Day High2.98
20 Day Low2.3
52 Week High4.12
52 Week Low1.65
CS1 End2.67
CR1 Start2.9
Volume & EV
DER(3)-1.85%
DER(5)-2.38%
Volume958.13K
Volume Incr-48.42%
Vol(5)850.99K
Vol(50)2.16M
GOGOLD RESOURCES INC / GGD.CA TA FAQ
What is the technical rating for GGD stock?
ChartMill assigns a technical rating of 3 / 10 to GGD.CA.
What is the trend direction for GGD stock?
The current trend direction for GOGOLD RESOURCES INC (GGD.CA) is Bearish.
What is the RSI signal for GOGOLD RESOURCES INC (GGD.CA) stock?
GOGOLD RESOURCES INC (GGD.CA) has an RSI value of 54.4151. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GOGOLD RESOURCES INC?
The MACD indicator for GOGOLD RESOURCES INC (GGD.CA) has a value of 0.0522393, indicating a bearish trend.