GOLDEN ARROW RESOURCES CORP (GRG.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:GRG • CA38080W1023
We assign a technical rating of 7 out of 10 to GRG. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GRG is only an average performer.
- GRG is one of the lesser performing stocks in the Metals & Mining industry. 62% of 814 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- GRG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GRG is lagging the market slightly.
- Looking at the yearly performance, GRG did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month GRG has a been trading in the 0.08 - 0.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GRG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.08, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GRG 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.
More info and screens
0.05
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.05 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.10 to 0.10. 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 | 75.25 | POSITIVE | GRG.CA has a high relative strength, it outperformed 75.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRG.CA is below a declining 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) | 50.44 | NEUTRAL | The RSI value for GRG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GRG.CA has a negative trend. |
| Stochastics (14,3) | 41.67 | NEUTRAL | The Stochastics value for GRG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.35 | HIGH VOLATILITY | The high ATR as a percentage value for GRG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.49 | NEGATIVE | The low ADX value for GRG.CA suggests a weak or negative 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 (29.65%) | 3.37% |
| 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 trade has a worst case loss of 0.03 points, which is 29.65%. | When investing 3.37% 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:GRG (2/6/2026, 7:00:00 PM)
0.085
0 (-5.56%)
GOLDEN ARROW RESOURCES CORP / GRG.CA FAQ
Can you provide the ChartMill technical rating for GOLDEN ARROW RESOURCES CORP?
ChartMill assigns a technical rating of 7 / 10 to GRG.CA.
What is the trend direction for GRG stock?
The current trend direction for GOLDEN ARROW RESOURCES CORP (GRG.CA) is Bullish.
What is the RSI signal for GRG stock?
GOLDEN ARROW RESOURCES CORP (GRG.CA) has an RSI value of 50.4361. This indicates that the stock is currently neutral.
What is the MACD signal for GRG stock?
The MACD indicator for GOLDEN ARROW RESOURCES CORP (GRG.CA) has a value of -0.0009924, indicating a bearish trend.
What is the short term momentum for GRG stock?
The short term momentum for GOLDEN ARROW RESOURCES CORP (GRG.CA) is positive.