INDEPENDENCE GOLD CORP (IGO.CA) Technical Analysis

TSX-V:IGO • CA45344A1075

Current stock price

0.09 CAD
+0.01 (+12.5%)
Last:

IGO.CA Technical Rating and Analysis

0

Overall IGO gets a technical rating of 0 out of 10. IGO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

  • The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
  • 92% of all other stocks performed better in the past year than IGO.
  • IGO is part of the Metals & Mining industry. There are 795 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 0.08 - 0.10 range, which is quite wide. It is currently trading near the lows of this range.

IGO.CA Weekly and Daily overview Charts

INDEPENDENCE GOLD CORP / IGO Weekly stock chart
INDEPENDENCE GOLD CORP / IGO Daily stock chart

IGO.CA Setup Rating and Analysis

4

IGO has a poor technical rating and the quality of the setup is also not perfect 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.

IGO.CA Support and Resistance Analysis

0.09

0.13

4 important resistance areas can be observed.

  • 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.
  • Resistance @0.11 from a trend line in the daily time frame.
  • Resistance @0.12 from a horizontal line in the daily time frame.
  • Resistance @0.13 from a trend line in the weekly 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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for IGO.CA is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for IGO.CA is down.
ChartMill Relative Strength8.76NEGATIVEIGO.CA has a low relative strength, it was outperformed by 91.24% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of IGO.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of IGO.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of IGO.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)46.51NEUTRALThe RSI value for IGO.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests IGO.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)13.33OVERSOLDThe low Stochastics value suggests IGO.CA may be oversold.
Average True Range in percent/ATR (20)6.67HIGH VOLATILITYThe high ATR as a percentage value for IGO.CA suggests high volalility.
Average Directional Index/ADX (14)20.78NEUTRALThe ADX value for IGO.CA suggests a possible start of a new trend.

IGO.CA Chart- and CandleStick Pattern Analysis

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)

IGO.CA Technicals: Chart, Performance Metrics, Trend & Indicators

INDEPENDENCE GOLD CORP / IGO Daily stock chart

INDEPENDENCE GOLD CORP

TSX-V:IGO (3/31/2026, 7:00:00 PM)

0.09

+0.01 (+12.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg12.5%
1 Week5.88%
2 Weeks0%
1 Month-14.29%
3 Month-10%
6 Month-43.75%
12 Month-43.75%
2 Year-60%
3 Year-30.77%
5 Year-30.77%
10 Year0%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%6.67%
ATR Inc31.25%
Range Today0
ADR(20)0.01
ADR(20)%5.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.76
3 months CRS24.89
6 months CRS9.59
Mansfield-3.18
10 Day High0.1
10 Day Low0.08
20 Day High0.11
20 Day Low0.08
52 Week High0.21
52 Week Low0.08
CS1 EndN/A
CR1 Start0.1
Volume & EV
DER(3)-32.96%
DER(5)-13.29%
Volume79.88K
Volume Incr7.43%
Vol(5)349.35K
Vol(50)435.54K

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 INDEPENDENCE GOLD CORP (IGO.CA) stock?

INDEPENDENCE GOLD CORP (IGO.CA) has an RSI value of 46.508. This indicates that the stock is currently neutral.


What is the MACD signal for IGO stock?

The MACD indicator for INDEPENDENCE GOLD CORP (IGO.CA) has a value of -0.000466548, indicating a bearish trend.


What is the buy/sell signal for IGO stock?

The buy/sell signal for INDEPENDENCE GOLD CORP (IGO.CA) is sell as both the short term and long term trends are negative.