XAU RESOURCES INC (GIG.CA) Stock Technical Analysis
Canada - 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 decent performance in both the short and medium term time frames. Compared to the overall market, GIG is only an average performer.
Besides having an excellent technical rating, GIG also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.06, a Stop Loss order could be placed below this zone.
More info and screens
0.04
2 important support areas can be observed.
- A support 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.
- Support @0.04 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.09 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 | 75.18 | POSITIVE | GIG.CA has a high relative strength, it outperformed 75.18% 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). |
| Relative Strength Index/RSI (14) | 50.81 | 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) | 43.15 | NEUTRAL | The Stochastics value for GIG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 15 | HIGH VOLATILITY | The high ATR as a percentage value for GIG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.98 | NEGATIVE | The low ADX value for GIG.CA suggests a weak or negative 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 |
|---|---|---|---|
| 0.08 | 0.05 | 0.03 (38.65%) | 2.59% |
| An entry @0.08. This is a Buy Stop order right above the 10 day moving average. | An exit @0.05. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 38.65%. | For a 1.00% total portfolio risk, you can invest 2.59% of your capital in this trade. |
- 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 (10/24/2025, 7:00:00 PM)
0.065
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 8 / 10 to GIG.CA.
What is the current trend direction of XAU RESOURCES INC (GIG.CA) stock?
The current trend direction for XAU RESOURCES INC (GIG.CA) is Bullish.
What is the RSI signal for GIG stock?
XAU RESOURCES INC (GIG.CA) has an RSI value of 50.8083. This indicates that the stock is currently neutral.
Can you provide the MACD signal for XAU RESOURCES INC?
The MACD indicator for XAU RESOURCES INC (GIG.CA) has a value of -0.000240044, indicating a bearish trend.
What is the buy/sell signal for XAU RESOURCES INC (GIG.CA) stock?
The buy/sell signal for XAU RESOURCES INC (GIG.CA) is buy as both the short term and long term trends are positive.