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GALLEON GOLD CORP (GGO.CA) Stock Technical Analysis

Canada - TSX Venture Exchange - TSX-V:GGO - CA36381N4093 - Common Stock

1.08 CAD
-0.01 (-0.92%)
Last: 12/24/2025, 7:00:00 PM
Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to GGO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GGO is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GGO is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, GGO also shows a nice and consistent pattern of rising prices.
GGO is one of the better performing stocks in the Metals & Mining industry, it outperforms 94% of 815 stocks in the same industry.
GGO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GGO has a been trading in the 0.62 - 1.10 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Weekly and Daily overview Charts
GALLEON GOLD CORP / GGO Weekly stock chart
GALLEON GOLD CORP / GGO Daily stock chart
Setup Rating and Analysis

2

Although GGO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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Support and Resistance Analysis

0.60

1.09

We found 2 important support areas.

  • Support @0.64 from a trend line in the daily time frame.
  • Support @0.61 from a trend line in the daily time frame.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for GGO.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for GGO.CA is up.
ChartMill Relative Strength97.99POSITIVEGGO.CA has a high relative strength, it outperformed 97.99% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of GGO.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of GGO.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of GGO.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)73.75OVERBOUGHTThe high RSI value suggests GGO.CA may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.03POSITIVEThe MACD value suggests GGO.CA has a positive trend.
Stochastics (14,3)93.17OVERBOUGHTThe high Stochastics value suggests GGO.CA may be overbought.
Average True Range in percent/ATR (20)7.08HIGH VOLATILITYThe high ATR as a percentage value for GGO.CA suggests high volalility.
Average Directional Index/ADX (14)31.35POSITIVEThe high ADX value value for GGO.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)

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GALLEON GOLD CORP / GGO Daily stock chart

GALLEON GOLD CORP

TSX-V:GGO (12/24/2025, 7:00:00 PM)

1.08

-0.01 (-0.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.92%
1 Week17.39%
2 Weeks47.95%
1 Month56.52%
3 Month92.86%
6 Month340.82%
12 Month554.55%
2 Year764%
3 Year500%
5 Year-1.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%7.08%
ATR Inc15.53%
Range Today0.07
ADR(20)0.07
ADR(20)%6.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.99
3 months CRS95.86
6 months CRS98.62
Mansfield13.6
10 Day High1.1
10 Day Low0.72
20 Day High1.1
20 Day Low0.62
52 Week High1.1
52 Week Low0.16
CS1 End0.64
CR1 StartN/A
Volume & EV
DER(3)1.99%
DER(5)6.28%
Volume305.44K
Volume Incr6.22%
Vol(5)577.02K
Vol(50)375.97K

GALLEON GOLD CORP / GGO.CA FAQ

What is the ChartMill technical rating of GALLEON GOLD CORP (GGO.CA) stock?

ChartMill assigns a technical rating of 10 / 10 to GGO.CA.


What is the current trend direction of GALLEON GOLD CORP (GGO.CA) stock?

The current trend direction for GALLEON GOLD CORP (GGO.CA) is Bullish.


What is the RSI signal for GALLEON GOLD CORP (GGO.CA) stock?

GALLEON GOLD CORP (GGO.CA) has an RSI value of 73.7544. This indicates that the stock is currently overbought.


What is the MACD signal for GGO stock?

The MACD indicator for GALLEON GOLD CORP (GGO.CA) has a value of 0.0282644, indicating a bearish trend.


What is the support and resistance level for GGO stock?

GALLEON GOLD CORP (GGO.CA) has a support level at 0.64. Check the full technical report for our detailed analysis of GGO.CA support and resistance levels.