GGL RESOURCES CORP (GGL.CA) Stock Technical Analysis
TSX-V:GGL • CA36171B3002
Overall GGL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GGL is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that GGL is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by GGL over the past year are nicely spread over this period.
- GGL is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month GGL 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.
- GGL is part of the Metals & Mining industry. There are 800 other stocks in this industry, GGL did better than 48% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GGL has an excellent technical rating, it does not present a decent entry opportunity 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
0.07
We found 1 important support area.
- 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.
When analyzing the resistance we notice one important area.
- Resistance @0.08 from a horizontal line in the weekly 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 GGL.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GGL.CA is neutral. |
| ChartMill Relative Strength | 80.46 | POSITIVE | GGL.CA has a high relative strength, it outperformed 80.46% 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) | UP | POSITIVE | The current price of GGL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.61 | NEUTRAL | The RSI value for GGL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GGL.CA has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for GGL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.13 | HIGH VOLATILITY | The high ATR as a percentage value for GGL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.72 | NEGATIVE | The low ADX value for GGL.CA suggests a weak or negative trend. |
TSX-V:GGL (2/18/2026, 7:00:00 PM)
0.08
+0.01 (+6.67%)
GGL RESOURCES CORP / GGL.CA FAQ
Can you provide the ChartMill technical rating for GGL RESOURCES CORP?
ChartMill assigns a technical rating of 10 / 10 to GGL.CA.
Can you provide the trend direction for GGL RESOURCES CORP?
The current trend direction for GGL RESOURCES CORP (GGL.CA) is Bullish.
What is the RSI signal for GGL stock?
GGL RESOURCES CORP (GGL.CA) has an RSI value of 60.6089. This indicates that the stock is currently neutral.
What is the short term momentum for GGL RESOURCES CORP (GGL.CA) stock?
The short term momentum for GGL RESOURCES CORP (GGL.CA) is neutral.