XAU RESOURCES INC (GIG.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:GIG - CA98401G1037 - Common Stock
Taking everything into account, GIG scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GIG is showing a nice and steady performance.
Although GIG has an excellent technical rating, it does not present a decent entry opportunity 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
0.24
We found 2 important support areas.
- Support @0.27 from a trend line in the daily time frame.
- Support @0.24 from a horizontal line in the daily 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 GIG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GIG.CA is up. |
| ChartMill Relative Strength | 99.08 | POSITIVE | GIG.CA has a high relative strength, it outperformed 99.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GIG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GIG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GIG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.55 | NEUTRAL | The RSI value for GIG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GIG.CA has a negative trend. |
| Stochastics (14,3) | 59.17 | NEUTRAL | The Stochastics value for GIG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 15.79 | HIGH VOLATILITY | The high ATR as a percentage value for GIG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.8 | POSITIVE | The high ADX value value for GIG.CA suggests a strong trend. |
TSX-V:GIG (1/5/2026, 7:00:00 PM)
0.285
-0.1 (-25.97%)
XAU RESOURCES INC / GIG.CA FAQ
What is the ChartMill technical rating of XAU RESOURCES INC (GIG.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to GIG.CA.
Can you provide the trend direction for XAU RESOURCES INC?
The current trend direction for XAU RESOURCES INC (GIG.CA) is Bullish.
Can you provide the RSI signal for XAU RESOURCES INC?
XAU RESOURCES INC (GIG.CA) has an RSI value of 51.5523. This indicates that the stock is currently neutral.
What is the short term momentum for GIG stock?
The short term momentum for XAU RESOURCES INC (GIG.CA) is positive.
What is the support and resistance level for GIG stock?
XAU RESOURCES INC (GIG.CA) has a support level at 0.27. Check the full technical report for our detailed analysis of GIG.CA support and resistance levels.