GRANADA GOLD MINE INC (GGM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:GGM - CA38503H2037 - Common Stock
We assign a technical rating of 8 out of 10 to GGM. 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.
Besides having an excellent technical rating, GGM also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.05, a Stop Loss order could be placed below this zone.
More info and screens
0.02
We found 4 important support areas.
- A support 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.
- 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.
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 | 90.19 | POSITIVE | GGM.CA has a high relative strength, it outperformed 90.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GGM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GGM.CA is above 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) | 53.42 | 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. |
| Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for GGM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.5 | HIGH VOLATILITY | The high ATR as a percentage value for GGM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.87 | NEGATIVE | The low ADX value for GGM.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.07 | 0.03 | 0.03 (46.15%) | 2.17% |
| An entry @0.07. This is a Buy Stop order right above the 10 day high. | An exit @0.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 46.15%. | For a 1.00% total portfolio risk, you can invest 2.17% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:GGM (11/26/2025, 7:00:00 PM)
0.05
+0.01 (+11.11%)
GRANADA GOLD MINE INC / GGM.CA FAQ
What is the technical rating for GGM stock?
ChartMill assigns a technical rating of 8 / 10 to GGM.CA.
What is the trend direction for GGM stock?
The current trend direction for GRANADA GOLD MINE INC (GGM.CA) is Bullish.
Can you provide the RSI signal for GRANADA GOLD MINE INC?
GRANADA GOLD MINE INC (GGM.CA) has an RSI value of 53.4222. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GRANADA GOLD MINE INC?
The short term momentum for GRANADA GOLD MINE INC (GGM.CA) is neutral.