GIGA METALS CORP (GIGA.CA) Stock Technical Analysis
TSX-V:GIGA - TSX Venture Exchange - CA37518K1021 - Common Stock - Currency: CAD
Overall GIGA gets a technical rating of 1 out of 10. GIGA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GIGA is a bad performer in the overall market: 93% of all stocks are doing better.
GIGA is part of the Metals & Mining industry. There are 808 other stocks in this industry, of which 82% are performing better than GIGA.
GIGA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GIGA is lagging the market.
In the last month GIGA has a been trading in the 0.07 - 0.10 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days.
GIGA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.09, a Stop Loss order could be placed below this zone.
More info and screens
0.09
0.12
We found 1 important support area.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.12 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for GIGA.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GIGA.CA is down. |
| ChartMill Relative Strength | 7.82 | NEGATIVE | GIGA.CA has a low relative strength, it was outperformed by 92.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GIGA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GIGA.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GIGA.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.97 | NEUTRAL | The RSI value for GIGA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GIGA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for GIGA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.5 | HIGH VOLATILITY | The high ATR as a percentage value for GIGA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.9 | POSITIVE | The high ADX value value for GIGA.CA suggests a strong 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:GIGA (6/18/2025, 7:00:00 PM)
0.09
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week0%
2 Weeks0%
1 Month5.88%
3 Month-18.18%
6 Month-21.74%
12 Month-45.45%
2 Year-63.27%
3 Year-67.27%
5 Year-52.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%7.5%
ATR Inc-61.11%
Range Today0
ADR(20)0.01
ADR(20)%6.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.82
Mansfield-3.07
10 Day High0.1
10 Day Low0.08
20 Day High0.1
20 Day Low0.07
52 Week High0.19
52 Week Low0.07
CS1 End0.09
CR1 Start0.09
Volume & EV
DER(3)0%
DER(5)0%
Volume211.75K
Volume Incr3.36%
Vol(5)69.00K
Vol(50)49.70K