XAU RESOURCES INC (GIG.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:GIG - CA98401G1037 - Common Stock
Overall GIG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GIG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Warning: GIG has an average volume of 27811 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, GIG did better than 99% of all other stocks.
- GIG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GIG is lagging the market.
- In the last month GIG has a been trading in the 0.23 - 0.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GIG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.28
2 important support areas can be observed.
- Support @0.29 from a trend line in the daily time frame.
- Support @0.28 from a trend 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 | 99.43 | POSITIVE | GIG.CA has a high relative strength, it outperformed 99.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GIG.CA is above the rising 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) | 56.91 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 63.27 | NEUTRAL | The Stochastics value for GIG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.23 | HIGH VOLATILITY | The high ATR as a percentage value for GIG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.78 | NEUTRAL | The ADX value for GIG.CA suggests a possible start of a new 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 |
|---|---|---|---|
| 0.41 | 0.27 | 0.14 (34.15%) | 2.93% |
| An entry @0.41. This is a Buy Stop order right above the 10 day high. | An exit @0.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.14 points, which is 34.15%. | When investing 2.93% 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:GIG (1/13/2026, 7:00:00 PM)
0.345
0 (0%)
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 10 / 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 56.9079. 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 0.29. Check the full technical report for our detailed analysis of GIG.CA support and resistance levels.