GRANADA GOLD MINE INC (GGM.CA) Stock Technical Analysis
TSX-V:GGM • CA38503H2037
Overall GGM gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month GGM has a been trading in the 0.06 - 0.12 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that GGM is one of the better performing stocks in the market, outperforming 80% of all stocks.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- GGM is part of the Metals & Mining industry. There are 803 other stocks in this industry, GGM did better than 48% of them.
- GGM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GGM is lagging the market.
- Considerably lower volume is observed in the last couple of days.
Although GGM has an excellent technical rating, the quality of the presented setup is 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.
More info and screens
0.03
3 important support areas can be observed.
- Support @0.05 from a trend line in the daily time frame.
- 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.
- Support @0.03 from a trend 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 GGM.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GGM.CA is down. |
| ChartMill Relative Strength | 80.83 | POSITIVE | GGM.CA has a high relative strength, it outperformed 80.83% 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) | UP | POSITIVE | The current price of GGM.CA is above the rising 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) | 47.84 | NEUTRAL | The RSI value for GGM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GGM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.89 | OVERSOLD | The low Stochastics value suggests GGM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 20.83 | HIGH VOLATILITY | The high ATR as a percentage value for GGM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.96 | NEGATIVE | The low ADX value for GGM.CA suggests a weak or negative trend. |
TSX-V:GGM (2/20/2026, 7:00:00 PM)
0.06
0 (0%)
GRANADA GOLD MINE INC / GGM.CA FAQ
What is the technical rating for GGM stock?
ChartMill assigns a technical rating of 7 / 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 47.8421. 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 -0.00198497, 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 0.05. Check the full technical report for our detailed analysis of GGM.CA support and resistance levels.