XAU RESOURCES INC (GIG.CA) Stock Technical Analysis
TSX-V:GIG - TSX Venture Exchange - CA98401G1037 - Common Stock - Currency: CAD
Taking everything into account, GIG scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. GIG was also a bad performer in the overall market in the last year.
96% of all other stocks performed better in the past year than GIG.
GIG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month GIG has a been trading in the 0.03 - 0.06 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 average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.04
0.06
We found 1 important support area.
- Support @0.04 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for GIG.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GIG.CA is neutral. |
| ChartMill Relative Strength | 4.27 | NEGATIVE | GIG.CA has a low relative strength, it was outperformed by 95.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GIG.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GIG.CA is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 47.76 | NEUTRAL | The RSI value for GIG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GIG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80 | 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) | 9.28 | NEGATIVE | The low ADX value for GIG.CA suggests a weak or negative trend. |
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)
TSX-V:GIG (8/7/2025, 7:00:00 PM)
0.045
-0.01 (-25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-25%
1 Week-10%
2 Weeks-10%
1 Month28.57%
3 Month-10%
6 Month-10%
12 Month-64%
2 Year12.5%
3 Year-30.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%15%
ATR Inc40%
Range Today0
ADR(20)0
ADR(20)%7.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.27
Mansfield-3.03
10 Day High0.06
10 Day Low0.04
20 Day High0.06
20 Day Low0.03
52 Week High0.12
52 Week Low0.02
CS1 End0.04
CR1 Start0.05
Volume & EV
DER(3)0%
DER(5)0%
Volume1.00K
Volume Incr46.83%
Vol(5)59.46K
Vol(50)32.16K