GRANADA GOLD MINE INC (GGM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:GGM - CA38503H2037 - Common Stock
Overall GGM gets a technical rating of 4 out of 10. GGM has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
GGM has an average technical rating and the quality of the presented setup is also not ideal 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.
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0.02
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 GGM.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GGM.CA is neutral. |
| ChartMill Relative Strength | 71.94 | POSITIVE | GGM.CA has a high relative strength, it outperformed 71.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GGM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GGM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GGM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.05 | NEUTRAL | The RSI value for GGM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GGM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for GGM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.17 | HIGH VOLATILITY | The high ATR as a percentage value for GGM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.88 | NEGATIVE | The low ADX value for GGM.CA suggests a weak or negative trend. |
TSX-V:GGM (1/9/2026, 7:00:00 PM)
0.045
-0.01 (-10%)
GRANADA GOLD MINE INC / GGM.CA FAQ
What is the technical rating for GGM stock?
ChartMill assigns a technical rating of 4 / 10 to GGM.CA.
What is the current trend direction of GRANADA GOLD MINE INC (GGM.CA) stock?
The current trend direction for GRANADA GOLD MINE INC (GGM.CA) is Bullish.
What is the RSI signal for GRANADA GOLD MINE INC (GGM.CA) stock?
GRANADA GOLD MINE INC (GGM.CA) has an RSI value of 48.0481. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GRANADA GOLD MINE INC?
The MACD indicator for GRANADA GOLD MINE INC (GGM.CA) has a value of 0.000543268, indicating a bearish trend.
What is the support and resistance level for GGM stock?
GRANADA GOLD MINE INC (GGM.CA) has a support level at 0.04 and a resistance level at 0.05. Check the full technical report for our detailed analysis of GGM.CA support and resistance levels.