INDEPENDENCE GOLD CORP (IGO.CA) Technical Analysis
TSX-V:IGO • CA45344A1075
Current stock price
IGO.CA Technical Rating and Analysis
Taking everything into account, IGO scores 0 out of 10 in our technical rating. IGO 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, IGO is a bad performer in the overall market: 94% of all stocks are doing better.
- IGO is part of the Metals & Mining industry. There are 822 other stocks in this industry, of which 88% are performing better than IGO.
- IGO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so IGO is lagging the market.
- In the last month IGO has a been trading in the 0.10 - 0.12 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
IGO.CA Weekly and Daily overview Charts
IGO.CA Setup Rating and Analysis
IGO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.10. Right above this resistance zone may be a good entry point.
More info and screens
IGO.CA Support and Resistance Analysis
0.09
When analyzing the support we notice one important area.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.12 from a horizontal line in the daily time frame.
- Resistance @0.13 from a trend line in the weekly time frame.
- Resistance @0.17 from a horizontal line in the daily time frame.
IGO.CA Technical Indicator Signal Analysis
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 IGO.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IGO.CA is down. |
| ChartMill Relative Strength | 6.89 | NEGATIVE | IGO.CA has a low relative strength, it was outperformed by 93.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IGO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IGO.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IGO.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.92 | NEUTRAL | The RSI value for IGO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IGO.CA has a negative trend. |
| Stochastics (14,3) | 6.67 | OVERSOLD | The low Stochastics value suggests IGO.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.58 | HIGH VOLATILITY | The high ATR as a percentage value for IGO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.16 | NEGATIVE | The low ADX value for IGO.CA suggests a weak or negative trend. |
IGO.CA Chart- and CandleStick Pattern Analysis
IGO.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:IGO (3/16/2026, 7:00:00 PM)
0.095
0 (0%)
INDEPENDENCE GOLD CORP / IGO.CA TA FAQ
Can you provide the ChartMill technical rating for INDEPENDENCE GOLD CORP?
ChartMill assigns a technical rating of 0 / 10 to IGO.CA.
Can you provide the trend direction for INDEPENDENCE GOLD CORP?
The current trend direction for INDEPENDENCE GOLD CORP (IGO.CA) is Bearish.
What is the RSI signal for IGO stock?
INDEPENDENCE GOLD CORP (IGO.CA) has an RSI value of 39.9189. This indicates that the stock is currently neutral.
What is the short term momentum for INDEPENDENCE GOLD CORP (IGO.CA) stock?
The short term momentum for INDEPENDENCE GOLD CORP (IGO.CA) is negative.
What is the support and resistance level for IGO stock?
INDEPENDENCE GOLD CORP (IGO.CA) has a support level at 0.09 and a resistance level at 0.1. Check the full technical report for our detailed analysis of IGO.CA support and resistance levels.