GGL RESOURCES CORP (GGL.CA) Stock Technical Analysis
TSX-V:GGL - TSX Venture Exchange - CA36171B3002 - Common Stock - Currency: CAD
Taking everything into account, GGL scores 4 out of 10 in our technical rating. GGL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
GGL 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 GGL is lagging the market slightly.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, GGL turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
GGL is an average performer in the Metals & Mining industry, it outperforms 48% of 797 stocks in the same industry.
In the last month GGL has a been trading in the 0.04 - 0.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GGL has an average technical rating and it also 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
0.04
0.08
When analyzing the support we notice one important area.
- Support @0.04 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 in the weekly time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for GGL.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GGL.CA is neutral. |
| ChartMill Relative Strength | 58.39 | NEUTRAL | GGL.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GGL.CA is above a declining 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) | 55.67 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for GGL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 14.62 | HIGH VOLATILITY | The high ATR as a percentage value for GGL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.64 | NEGATIVE | The low ADX value for GGL.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:GGL (7/2/2025, 7:00:00 PM)
0.065
+0.01 (+18.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg18.18%
1 Week18.18%
2 Weeks30%
1 Month-18.75%
3 Month8.33%
6 Month85.71%
12 Month18.18%
2 Year-13.33%
3 Year-7.14%
5 Year-59.37%
10 Year160%
15 Year-74%
Volatility
ATR(14)0.01
ATR(20)%14.62%
ATR Inc21.74%
Range Today0
ADR(20)0
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.39
Mansfield1.06
10 Day High0.07
10 Day Low0.04
20 Day High0.08
20 Day Low0.04
52 Week High0.08
52 Week Low0.02
CS1 End0.04
CR1 Start0.07
Volume & EV
DER(3)0%
DER(5)0%
Volume6.00K
Volume Incr-19.62%
Vol(5)32.96K
Vol(50)47.94K