GALLEON GOLD CORP (GGO.CA) Technical Analysis
TSX-V:GGO • CA36381N4093
Current stock price
GGO.CA Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to GGO. 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that GGO is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by GGO over the past year are nicely spread over this period.
- GGO is one of the better performing stocks in the Metals & Mining industry, it outperforms 85% of 795 stocks in the same industry.
- GGO 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 GGO is lagging the market slightly.
- In the last month GGO has a been trading in the 0.86 - 1.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GGO.CA Weekly and Daily overview Charts
GGO.CA Setup Rating and Analysis
Although GGO has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
GGO.CA Support and Resistance Analysis
0.85
When analyzing the support we can see 3 important areas.
- Support @0.93 from a trend line in the daily time frame.
- A support zone ranging from 0.89 to 0.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.86 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.06 to 1.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.12 from a trend line in the daily time frame.
- Resistance @1.20 from a horizontal line in the daily time frame.
GGO.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 | UP | POSITIVE | The long term trend for GGO.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GGO.CA is neutral. |
| ChartMill Relative Strength | 94.42 | POSITIVE | GGO.CA has a high relative strength, it outperformed 94.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GGO.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GGO.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GGO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.23 | NEUTRAL | The RSI value for GGO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GGO.CA has a positive trend. |
| Stochastics (14,3) | 57.2 | NEUTRAL | The Stochastics value for GGO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.21 | HIGH VOLATILITY | The high ATR as a percentage value for GGO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.57 | NEGATIVE | The low ADX value for GGO.CA suggests a weak or negative trend. |
GGO.CA Chart- and CandleStick Pattern Analysis
GGO.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:GGO (4/2/2026, 7:00:00 PM)
1.01
-0.04 (-3.81%)
GALLEON GOLD CORP / GGO.CA TA FAQ
What is the ChartMill technical rating of GALLEON GOLD CORP (GGO.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to GGO.CA.
Can you provide the trend direction for GALLEON GOLD CORP?
The current trend direction for GALLEON GOLD CORP (GGO.CA) is Bullish.
Can you provide the RSI signal for GALLEON GOLD CORP?
GALLEON GOLD CORP (GGO.CA) has an RSI value of 49.2335. This indicates that the stock is currently neutral.
What is the short term momentum for GALLEON GOLD CORP (GGO.CA) stock?
The short term momentum for GALLEON GOLD CORP (GGO.CA) is neutral.
Can you provide the support and resistance levels for GALLEON GOLD CORP?
GALLEON GOLD CORP (GGO.CA) has a support level at 0.93 and a resistance level at 1.06. Check the full technical report for our detailed analysis of GGO.CA support and resistance levels.