GOGOLD RESOURCES INC (GGD.CA) Stock Technical Analysis
TSX:GGD - Toronto Stock Exchange - CA38045Y1025 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to GGD. 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.
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.
Looking at the yearly performance, GGD did better than 83% of all other stocks. We also observe that the gains produced by GGD over the past year are nicely spread over this period.
GGD is an average performer in the Metals & Mining industry, it outperforms 66% of 811 stocks in the same industry.
GGD is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month GGD has a been trading in the 1.42 - 1.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, GGD also presents a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.05
1.89
We found 5 important support areas.
- Support @1.61 from a trend line in the weekly time frame.
- A support zone ranging from 1.50 to 1.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.46 from a trend line in the daily time frame.
- Support @1.15 from a trend line in the weekly time frame.
- Support @1.06 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.75 to 1.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.87 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.19
Mansfield2.01
10 Day High1.87
10 Day Low1.63
20 Day High1.91
20 Day Low1.42
52 Week High2.1
52 Week Low1.04
Performance
1 Week-2.3%
2 Weeks-7.61%
1 Month0%
3 Month10.39%
6 Month11.84%
12 Month28.79%
2 Year-2.3%
3 Year-25.44%
5 Year91.01%
10 Year7.59%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)47.62
LBB1.68
UBB1.87
TSX:GGD (5/1/2025, 7:00:00 PM)
1.7
-0.07 (-3.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.95%
1 Week-2.3%
2 Weeks-7.61%
1 Month0%
3 Month10.39%
6 Month11.84%
12 Month28.79%
2 Year-2.3%
3 Year-25.44%
5 Year91.01%
10 Year7.59%
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%6.49%
ATR Inc0.37%
Range Today0.09
ADR(20)0.1
ADR(20)%6.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.19
Mansfield2.01
10 Day High1.87
10 Day Low1.63
20 Day High1.91
20 Day Low1.42
52 Week High2.1
52 Week Low1.04
CS1 End1.61
CR1 Start1.75
Volume & EV
DER(3)-11.09%
DER(5)-8.63%
Volume442.20K
Volume Incr-31.18%
Vol(5)518.13K
Vol(50)787.09K