GOGOLD RESOURCES INC (GGD.CA) Stock Technical Analysis
Canada - TSX:GGD - CA38045Y1025 - Common Stock
2.45 CAD
-0.07 (-2.78%)
Taking everything into account, GGD scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GGD is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that GGD is one of the better performing stocks in the market, outperforming 83% of all stocks.
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 is an average performer in the Metals & Mining industry, it outperforms 62% of 807 stocks in the same industry.
In the last month GGD has a been trading in the 2.18 - 2.75 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 offer a high quality setup 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
1.95
2.72
4 important support areas can be observed.
- Support @2.27 from a trend line in the daily time frame.
- Support @2.14 from a trend line in the weekly time frame.
- Support @2.03 from a trend line in the daily time frame.
- Support @1.97 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.68 to 2.69. 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 | NEUTRAL | NEUTRAL | The short term trend for GGD.CA is neutral. |
| ChartMill Relative Strength | 83.66 | POSITIVE | GGD.CA has a high relative strength, it outperformed 83.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GGD.CA is below the rising 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) | 50.15 | NEUTRAL | The RSI value for GGD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GGD.CA has a negative trend. |
| Stochastics (14,3) | 46.67 | NEUTRAL | The Stochastics value for GGD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for GGD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.74 | POSITIVE | The high ADX value value for GGD.CA suggests a strong 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)
TSX:GGD (9/18/2025, 7:00:00 PM)
2.45
-0.07 (-2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.78%
1 Week-7.89%
2 Weeks-3.16%
1 Month12.39%
3 Month12.9%
6 Month36.11%
12 Month87.02%
2 Year102.48%
3 Year55.06%
5 Year60.13%
10 Year96%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%4.2%
ATR Inc-4.33%
Range Today0.08
ADR(20)0.1
ADR(20)%4.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.66
Mansfield2.64
10 Day High2.75
10 Day Low2.42
20 Day High2.75
20 Day Low2.18
52 Week High2.75
52 Week Low1.04
CS1 End2.27
CR1 Start2.68
Volume & EV
DER(3)-11.35%
DER(5)-6.76%
Volume1.03M
Volume Incr0.21%
Vol(5)789.86K
Vol(50)729.21K