GARIBALDI RESOURCES CORP (GGI.CA) Stock Technical Analysis
TSX-V:GGI - TSX Venture Exchange - CA3660441054 - Common Stock - Currency: CAD
Overall GGI gets a technical rating of 6 out of 10. GGI has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month GGI has a been trading in the 0.06 - 0.08 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, GGI turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
GGI is part of the Metals & Mining industry. There are 805 other stocks in this industry, GGI did better than 46% of them.
GGI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GGI is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GGI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.05
0.09
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.05 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.09 to 0.09. 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 | NEUTRAL | NEUTRAL | The long term trend for GGI.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GGI.CA is up. |
| ChartMill Relative Strength | 53.76 | NEUTRAL | GGI.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GGI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GGI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GGI.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.45 | NEUTRAL | The RSI value for GGI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GGI.CA has a positive trend. |
| Stochastics (14,3) | 88.89 | OVERBOUGHT | The high Stochastics value suggests GGI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for GGI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 10.91 | NEGATIVE | The low ADX value for GGI.CA suggests a weak or negative 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-V:GGI (7/17/2025, 7:00:00 PM)
0.08
+0.01 (+14.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg14.29%
1 Week23.08%
2 Weeks14.29%
1 Month14.29%
3 Month33.33%
6 Month-5.88%
12 Month-11.11%
2 Year-44.83%
3 Year-81.4%
5 Year-88.73%
10 Year45.45%
15 Year-46.67%
Volatility
ATR(14)0
ATR(20)%5%
ATR Inc110%
Range Today0.01
ADR(20)0
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.76
Mansfield0.46
10 Day High0.08
10 Day Low0.06
20 Day High0.08
20 Day Low0.06
52 Week High0.1
52 Week Low0.05
CS1 End0.07
CR1 Start0.09
Volume & EV
DER(3)0%
DER(5)0%
Volume41.00K
Volume Incr-40.95%
Vol(5)15.95K
Vol(50)39.25K