GUNGNIR RESOURCES INC (GUG.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:GUG - CA40281L1094 - Common Stock
Overall GUG gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GUG is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- GUG 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 GUG is lagging the market slightly.
- In the last month GUG has a been trading in the 0.03 - 0.05 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, GUG did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- GUG is part of the Metals & Mining industry. There are 817 other stocks in this industry, GUG did better than 58% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GUG has an excellent technical rating, it does not present a decent entry opportunity 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
0.02
2 important support areas can be observed.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.02 to 0.02. 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 GUG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GUG.CA is up. |
| ChartMill Relative Strength | 85.14 | POSITIVE | GUG.CA has a high relative strength, it outperformed 85.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GUG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GUG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GUG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.18 | NEUTRAL | The RSI value for GUG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GUG.CA has a positive trend. |
| Stochastics (14,3) | 73.33 | NEUTRAL | The Stochastics value for GUG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 12.22 | HIGH VOLATILITY | The high ATR as a percentage value for GUG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 48.92 | POSITIVE | The high ADX value value for GUG.CA suggests a strong trend. |
TSX-V:GUG (1/16/2026, 7:00:00 PM)
0.045
0 (0%)
GUNGNIR RESOURCES INC / GUG.CA FAQ
What is the ChartMill technical rating of GUNGNIR RESOURCES INC (GUG.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to GUG.CA.
What is the current trend direction of GUNGNIR RESOURCES INC (GUG.CA) stock?
The current trend direction for GUNGNIR RESOURCES INC (GUG.CA) is Bullish.
What is the RSI signal for GUNGNIR RESOURCES INC (GUG.CA) stock?
GUNGNIR RESOURCES INC (GUG.CA) has an RSI value of 66.1789. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GUNGNIR RESOURCES INC?
The short term momentum for GUNGNIR RESOURCES INC (GUG.CA) is positive.
Can you provide the support and resistance levels for GUNGNIR RESOURCES INC?
GUNGNIR RESOURCES INC (GUG.CA) has a support level at 0.03. Check the full technical report for our detailed analysis of GUG.CA support and resistance levels.