GOLDEN ARROW RESOURCES CORP (GRG.CA) Stock Technical Analysis
TSX-V:GRG - TSX Venture Exchange - CA38080W1023 - Common Stock - Currency: CAD
Taking everything into account, GRG scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, GRG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by GRG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month GRG has a been trading in the 0.05 - 0.07 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that GRG is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this relatively good performance is mostly due to a recent big move.
GRG is part of the Metals & Mining industry. There are 797 other stocks in this industry, GRG did better than 68% of them.
Although GRG has an excellent technical rating, the quality of the presented setup is not ideal 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
0.04
0.07
When analyzing the support we can see 3 important areas.
- Support @0.07 from a trend line in the weekly time frame.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.04 to 0.04. 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 GRG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRG.CA is up. |
| ChartMill Relative Strength | 86.69 | POSITIVE | GRG.CA has a high relative strength, it outperformed 86.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.93 | NEUTRAL | The RSI value for GRG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GRG.CA has a positive trend. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests GRG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 9.64 | HIGH VOLATILITY | The high ATR as a percentage value for GRG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.67 | NEGATIVE | The low ADX value for GRG.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:GRG (8/6/2025, 7:00:00 PM)
0.07
+0.01 (+7.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.69%
1 Week16.67%
2 Weeks0%
1 Month55.56%
3 Month55.56%
6 Month16.67%
12 Month40%
2 Year-22.22%
3 Year-46.15%
5 Year-65.85%
10 Year-73.08%
15 Year-80%
Volatility
ATR(14)0.01
ATR(20)%9.64%
ATR Inc-66.67%
Range Today0.01
ADR(20)0
ADR(20)%6.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.69
Mansfield3.5
10 Day High0.07
10 Day Low0.06
20 Day High0.07
20 Day Low0.05
52 Week High0.07
52 Week Low0.04
CS1 End0.07
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume57.00K
Volume Incr-54.51%
Vol(5)47.44K
Vol(50)62.49K