GOLDEN RIDGE RESOURCES LTD (GLDN.CA) Stock Technical Analysis
TSX-V:GLDN • CA38116T2065
Overall GLDN gets a technical rating of 2 out of 10. GLDN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 100% of all other stocks performed better in the past year than GLDN.
- GLDN is one of the lesser performing stocks in the Metals & Mining industry. 93% of 800 stocks in the same industry do better.
- In the last month GLDN has a been trading in the 0.06 - 0.07 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Considerably lower volume is observed in the last couple of days.
The technical rating of GLDN is bad and it also does not present a 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
0.05
We found 1 important resistance area.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages 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 GLDN.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLDN.CA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | GLDN.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLDN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLDN.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 46.53 | NEUTRAL | The RSI value for GLDN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GLDN.CA has a negative trend, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 8.64 | HIGH VOLATILITY | The high ATR as a percentage value for GLDN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.6 | NEUTRAL | The ADX value for GLDN.CA suggests a possible start of a new trend. |
TSX-V:GLDN (2/18/2026, 7:00:00 PM)
0.055
0 (0%)
GOLDEN RIDGE RESOURCES LTD / GLDN.CA FAQ
What is the ChartMill technical rating of GOLDEN RIDGE RESOURCES LTD (GLDN.CA) stock?
ChartMill assigns a technical rating of 2 / 10 to GLDN.CA.
What is the current trend direction of GOLDEN RIDGE RESOURCES LTD (GLDN.CA) stock?
The current trend direction for GOLDEN RIDGE RESOURCES LTD (GLDN.CA) is Bullish.
What is the RSI signal for GLDN stock?
GOLDEN RIDGE RESOURCES LTD (GLDN.CA) has an RSI value of 46.5259. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GOLDEN RIDGE RESOURCES LTD?
The short term momentum for GOLDEN RIDGE RESOURCES LTD (GLDN.CA) is negative.
Can you provide the support and resistance levels for GOLDEN RIDGE RESOURCES LTD?
GOLDEN RIDGE RESOURCES LTD (GLDN.CA) has a resistance level at 0.06. Check the full technical report for our detailed analysis of GLDN.CA support and resistance levels.