GOGOLD RESOURCES INC (GGD.CA) Stock Technical Analysis
TSX:GGD • CA38045Y1025
Taking everything into account, GGD scores 9 out of 10 in our technical rating. In the last year, GGD was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month GGD has a been trading in the 2.98 - 4.12 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, GGD did better than 81% of all other stocks. We also observe that the gains produced by GGD over the past year are nicely spread over this period.
- GGD has an average volume of 2533460 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 49% of 800 stocks in the same industry.
- 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.
GGD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
2.41
When analyzing the support we can see 3 important areas.
- Support @2.98 from a horizontal line in the daily time frame.
- A support zone ranging from 2.52 to 2.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.43 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @3.30 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 GGD.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GGD.CA is neutral. |
| ChartMill Relative Strength | 81.41 | POSITIVE | GGD.CA has a high relative strength, it outperformed 81.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GGD.CA is below 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) | 48.19 | NEUTRAL | The RSI value for GGD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests GGD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.84 | OVERSOLD | The low Stochastics value suggests GGD.CA may be oversold. |
| Average True Range in percent/ATR (20) | 7.92 | HIGH VOLATILITY | The high ATR as a percentage value for GGD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.47 | NEGATIVE | The low ADX value for GGD.CA suggests a weak or negative trend. |
TSX:GGD (2/13/2026, 7:00:00 PM)
3.18
+0.19 (+6.35%)
GOGOLD RESOURCES INC / GGD.CA FAQ
What is the technical rating for GGD stock?
ChartMill assigns a technical rating of 9 / 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 48.1911. 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 neutral.
What is the support and resistance level for GGD stock?
GOGOLD RESOURCES INC (GGD.CA) has a support level at 2.98 and a resistance level at 3.3. Check the full technical report for our detailed analysis of GGD.CA support and resistance levels.