GGX GOLD CORP (GGX.CA) Stock Technical Analysis
Canada - TSX-V:GGX - CA36171K2011 - Common Stock
We assign a technical rating of 7 out of 10 to GGX. 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.
Although GGX has an excellent technical rating, it does not offer a high quality setup 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
0.02
When analyzing the support we can see 3 important areas.
- 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 the daily time frame.
- Support @0.03 from a trend line in the daily time frame.
- Support @0.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 GGX.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GGX.CA is neutral. |
| ChartMill Relative Strength | 84.68 | POSITIVE | GGX.CA has a high relative strength, it outperformed 84.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GGX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GGX.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GGX.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.36 | NEUTRAL | The RSI value for GGX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GGX.CA has a negative trend. |
| Stochastics (14,3) | 40 | NEUTRAL | The Stochastics value for GGX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.89 | HIGH VOLATILITY | The high ATR as a percentage value for GGX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.05 | NEUTRAL | The ADX value for GGX.CA suggests a possible start of a new trend. |
TSX-V:GGX (11/6/2025, 7:00:00 PM)
0.045
-0.01 (-25%)
GGX GOLD CORP / GGX.CA FAQ
What is the ChartMill technical rating of GGX GOLD CORP (GGX.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to GGX.CA.
Can you provide the trend direction for GGX GOLD CORP?
The current trend direction for GGX GOLD CORP (GGX.CA) is Bullish.
Can you provide the RSI signal for GGX GOLD CORP?
GGX GOLD CORP (GGX.CA) has an RSI value of 45.3598. This indicates that the stock is currently neutral.
What is the MACD signal for GGX GOLD CORP (GGX.CA) stock?
The MACD indicator for GGX GOLD CORP (GGX.CA) has a value of -0.00223504, indicating a bearish trend.