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 10 out of 10 to GGM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GGM is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, GGM did better than 81% of all other stocks.
- In the last month GGM has a been trading in the 0.04 - 0.06 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- GGM is an average performer in the Metals & Mining industry, it outperforms 50% of 813 stocks in the same industry.
- 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.
GGM has an excellent technical rating and 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. We notice that large players showed an interest for GGM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
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3 important support areas can be observed.
- 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 multiple time frames.
- 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.
- 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.
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 | UP | POSITIVE | The short term trend for GGM.CA is up. |
| ChartMill Relative Strength | 81.94 | POSITIVE | GGM.CA has a high relative strength, it outperformed 81.94% 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) | 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) | 58.74 | 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) | 88.89 | OVERBOUGHT | The high Stochastics value suggests GGM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 7.5 | HIGH VOLATILITY | The high ATR as a percentage value for GGM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.34 | 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 |
|---|---|---|---|
| 0.06 | 0.03 | 0.03 (42.15%) | 2.37% |
| An entry @0.06. This is a Buy Stop order right above the 10 day moving average. | 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 42.15%. | When investing 2.37% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (1/16/2026, 7:00:00 PM)
0.05
0 (0%)
GRANADA GOLD MINE INC / GGM.CA FAQ
What is the technical rating for GGM stock?
ChartMill assigns a technical rating of 10 / 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 58.7366. 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 0.000972591, 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.