GGL RESOURCES CORP (GGL.CA) Stock Technical Analysis
Canada - TSX-V:GGL - CA36171B3002 - Common Stock
We assign a technical rating of 7 out of 10 to GGL. Although GGL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, GGL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.06, a Stop Loss order could be placed below this zone.
More info and screens
0.05
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.05 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance 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 resistance zone ranging from 0.08 to 0.08. 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 GGL.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GGL.CA is neutral. |
| ChartMill Relative Strength | 71.85 | POSITIVE | GGL.CA has a high relative strength, it outperformed 71.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GGL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GGL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GGL.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.97 | NEUTRAL | The RSI value for GGL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GGL.CA has a negative trend. |
| Stochastics (14,3) | 63.89 | NEUTRAL | The Stochastics value for GGL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.23 | HIGH VOLATILITY | The high ATR as a percentage value for GGL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.26 | NEGATIVE | The low ADX value for GGL.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.08 | 0.05 | 0.03 (34.64%) | 2.89% |
| An entry @0.08. This is a Buy Stop order right above the 10 day moving average. | An exit @0.05. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 34.64%. | For a 1.00% total portfolio risk, you can invest 2.89% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:GGL (10/21/2025, 7:00:00 PM)
0.065
0 (0%)
GGL RESOURCES CORP / GGL.CA FAQ
Can you provide the ChartMill technical rating for GGL RESOURCES CORP?
ChartMill assigns a technical rating of 7 / 10 to GGL.CA.
What is the trend direction for GGL stock?
The current trend direction for GGL RESOURCES CORP (GGL.CA) is Bullish.
What is the RSI signal for GGL RESOURCES CORP (GGL.CA) stock?
GGL RESOURCES CORP (GGL.CA) has an RSI value of 51.9686. This indicates that the stock is currently neutral.
What is the MACD signal for GGL stock?
The MACD indicator for GGL RESOURCES CORP (GGL.CA) has a value of -0.0001483, indicating a bearish trend.
What is the short term momentum for GGL stock?
The short term momentum for GGL RESOURCES CORP (GGL.CA) is neutral.