GIGA METALS CORP (GIGA.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:GIGA - CA37518K1021 - Common Stock
We assign a technical rating of 7 out of 10 to GIGA. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, GIGA is a bad performer.
- When comparing the yearly performance of all stocks, GIGA is a bad performer in the overall market: 71% of all stocks are doing better.
- GIGA is part of the Metals & Mining industry. There are 813 other stocks in this industry, of which 79% are performing better than GIGA.
- Both the short term and long term trends are positive. This is a very positive sign.
- GIGA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GIGA is lagging the market slightly.
- In the last month GIGA has a been trading in the 0.07 - 0.15 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
Although GIGA has an excellent technical rating, it does not offer a high quality setup 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
0.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.07 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 GIGA.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GIGA.CA is up. |
| ChartMill Relative Strength | 29.36 | NEGATIVE | GIGA.CA has a low relative strength, it was outperformed by 70.64% 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) | UP | POSITIVE | The current price of GIGA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GIGA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.53 | 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) | 79.72 | NEUTRAL | The Stochastics value for GIGA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.33 | HIGH VOLATILITY | The high ATR as a percentage value for GIGA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.93 | POSITIVE | The high ADX value value for GIGA.CA suggests a strong trend. |
TSX-V:GIGA (1/16/2026, 7:00:00 PM)
0.135
-0.01 (-3.57%)
GIGA METALS CORP / GIGA.CA FAQ
What is the ChartMill technical rating of GIGA METALS CORP (GIGA.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to GIGA.CA.
What is the trend direction for GIGA stock?
The current trend direction for GIGA METALS CORP (GIGA.CA) is Bullish.
What is the RSI signal for GIGA METALS CORP (GIGA.CA) stock?
GIGA METALS CORP (GIGA.CA) has an RSI value of 60.5278. This indicates that the stock is currently neutral.
What is the MACD signal for GIGA stock?
The MACD indicator for GIGA METALS CORP (GIGA.CA) has a value of 0.00141431, indicating a bearish trend.
What are the support and resistance levels for GIGA METALS CORP (GIGA.CA) stock?
GIGA METALS CORP (GIGA.CA) has a support level at 0.08 and a resistance level at 0.14. Check the full technical report for our detailed analysis of GIGA.CA support and resistance levels.