GOLDEN GOLIATH RESOURCES LTD (GNG.CA) Stock Technical Analysis
Canada - TSX-V:GNG - CA3810592038 - Common Stock
We assign a technical rating of 10 out of 10 to GNG. Both in the recent history as in the last year, GNG has proven to be a steady performer, scoring decent points in every aspect analyzed.
GNG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.07, a Stop Loss order could be placed below this zone.
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We found 4 important support areas.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.06 from a trend line in the daily time frame.
- Support @0.05 from a horizontal line in the daily time frame.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- 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 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 GNG.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GNG.CA is neutral. |
| ChartMill Relative Strength | 94.33 | POSITIVE | GNG.CA has a high relative strength, it outperformed 94.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GNG.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GNG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GNG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.42 | 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. |
| Stochastics (14,3) | 18.81 | OVERSOLD | The low Stochastics value suggests GNG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 12.81 | HIGH VOLATILITY | The high ATR as a percentage value for GNG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 36.07 | POSITIVE | The high ADX value value for GNG.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.10 | 0.07 | 0.03 (33.67%) | 2.97% |
| An entry @0.10. This is a Buy Stop order right above the 10 day moving average. | An exit @0.07. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 33.67%. | When investing 2.97% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:GNG (11/6/2025, 7:00:00 PM)
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0 (0%)
GOLDEN GOLIATH RESOURCES LTD / GNG.CA FAQ
What is the ChartMill technical rating of GOLDEN GOLIATH RESOURCES LTD (GNG.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to GNG.CA.
What is the trend direction for GNG stock?
The current trend direction for GOLDEN GOLIATH RESOURCES LTD (GNG.CA) is Bullish.
Can you provide the RSI signal for GOLDEN GOLIATH RESOURCES LTD?
GOLDEN GOLIATH RESOURCES LTD (GNG.CA) has an RSI value of 50.4173. This indicates that the stock is currently neutral.
What are the support and resistance levels for GOLDEN GOLIATH RESOURCES LTD (GNG.CA) stock?
GOLDEN GOLIATH RESOURCES LTD (GNG.CA) has a support level at 0.07 and a resistance level at 0.09. Check the full technical report for our detailed analysis of GNG.CA support and resistance levels.