GOLDEN GOLIATH RESOURCES LTD (GNG.CA) Stock Technical Analysis
TSX-V:GNG - TSX Venture Exchange - CA3810592038 - Common Stock - Currency: CAD
Taking everything into account, GNG scores 0 out of 10 in our technical rating. GNG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, GNG is a bad performer in the overall market: 84% of all stocks are doing better.
GNG is part of the Metals & Mining industry. There are 797 other stocks in this industry, of which 68% are performing better than GNG.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
GNG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GNG is lagging the market.
In the last month GNG has a been trading in the 0.03 - 0.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of GNG 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
0.03
0.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.03 from a horizontal line in the weekly time frame.
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 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 | DOWN | NEGATIVE | The long term trend for GNG.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GNG.CA is down. |
| ChartMill Relative Strength | 16.03 | NEGATIVE | GNG.CA has a low relative strength, it was outperformed by 83.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GNG.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GNG.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GNG.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.19 | NEUTRAL | The RSI value for GNG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GNG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.19 | NEUTRAL | The Stochastics value for GNG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 17.22 | HIGH VOLATILITY | The high ATR as a percentage value for GNG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.45 | NEGATIVE | The low ADX value for GNG.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:GNG (7/4/2025, 7:00:00 PM)
0.045
+0.01 (+28.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg28.57%
1 Week28.57%
2 Weeks12.5%
1 Month0%
3 Month-18.18%
6 Month12.5%
12 Month0%
2 Year-35.71%
3 Year-74.29%
5 Year-96.94%
10 Year28.57%
15 Year-95.98%
Volatility
ATR(14)0.01
ATR(20)%17.22%
ATR Inc40%
Range Today0
ADR(20)0
ADR(20)%8.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.03
Mansfield-0.63
10 Day High0.05
10 Day Low0.04
20 Day High0.07
20 Day Low0.03
52 Week High0.08
52 Week Low0.03
CS1 End0.04
CR1 Start0.06
Volume & EV
DER(3)0%
DER(5)0%
Volume24.00K
Volume Incr-50.72%
Vol(5)23.90K
Vol(50)37.43K