GGL RESOURCES CORP (GGL.CA) Technical Analysis
TSX-V:GGL • CA36171B3002
Current stock price
GGL.CA Technical Rating and Analysis
Taking everything into account, GGL scores 2 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.
- 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 lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that GGL is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- GGL is an average performer in the Metals & Mining industry, it outperforms 43% of 804 stocks in the same industry.
- GGL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GGL is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
GGL.CA Weekly and Daily overview Charts
GGL.CA Setup Rating and Analysis
The technical rating of GGL is bad and it also does not present a 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
GGL.CA Support and Resistance Analysis
0.04
We found 1 important support area.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance 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.
- Resistance @0.07 from a trend line 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.
GGL.CA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for GGL.CA is down. |
| ChartMill Relative Strength | 72.72 | POSITIVE | GGL.CA has a high relative strength, it outperformed 72.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GGL.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GGL.CA is below a declining 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) | 45.16 | 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) | 6.67 | OVERSOLD | The low Stochastics value suggests GGL.CA may be oversold. |
| Average True Range in percent/ATR (20) | 12.73 | HIGH VOLATILITY | The high ATR as a percentage value for GGL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.48 | NEGATIVE | The low ADX value for GGL.CA suggests a weak or negative trend. |
GGL.CA Chart- and CandleStick Pattern Analysis
GGL.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:GGL (3/23/2026, 7:00:00 PM)
0.055
0 (0%)
GGL RESOURCES CORP / GGL.CA TA FAQ
Can you provide the ChartMill technical rating for GGL RESOURCES CORP?
ChartMill assigns a technical rating of 2 / 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 Bearish.
What is the RSI signal for GGL stock?
GGL RESOURCES CORP (GGL.CA) has an RSI value of 45.159. 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 negative.