Overall GLDG gets a technical rating of 5 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
GLDG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.29, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GLDG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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When analyzing the support we notice one important area.
- A support zone ranging from 1.25 to 1.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @1.44 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.47 to 1.47. This zone is formed by a combination of multiple trend lines 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 GLDG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLDG is neutral. |
| ChartMill Relative Strength | 92.52 | POSITIVE | GLDG has a high relative strength, it outperformed 92.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GLDG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GLDG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLDG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.2 | NEUTRAL | The RSI value for GLDG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GLDG has a positive trend. |
| Stochastics (14,3) | 49.61 | NEUTRAL | The Stochastics value for GLDG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.22 | HIGH VOLATILITY | The high ATR as a percentage value for GLDG suggests high volalility. |
| Average Directional Index/ADX (14) | 14.17 | NEGATIVE | The low ADX value for GLDG suggests a weak or negative trend. |
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+0.02 (+1.47%)
GOLDMINING INC / GLDG FAQ
What is the technical rating for GLDG stock?
ChartMill assigns a technical rating of 5 / 10 to GLDG.
Can you provide the trend direction for GOLDMINING INC?
The current trend direction for GOLDMINING INC (GLDG) is Bullish.
Can you provide the RSI signal for GOLDMINING INC?
GOLDMINING INC (GLDG) has an RSI value of 52.2028. This indicates that the stock is currently neutral.
What is the MACD signal for GLDG stock?
The MACD indicator for GOLDMINING INC (GLDG) has a value of 0.00199342, indicating a bearish trend.
What are the support and resistance levels for GOLDMINING INC (GLDG) stock?
GOLDMINING INC (GLDG) has a support level at 1.29 and a resistance level at 1.44. Check the full technical report for our detailed analysis of GLDG support and resistance levels.