LAVRAS GOLD CORP (LGC.CA) Stock Technical Analysis
TSX-V:LGC - TSX Venture Exchange - CA51949L2093 - Common Stock - Currency: CAD
Taking everything into account, LGC scores 6 out of 10 in our technical rating. In the last year, LGC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: LGC has an average volume of 28090 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
LGC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that LGC is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
LGC is part of the Metals & Mining industry. There are 806 other stocks in this industry, LGC did better than 53% of them.
LGC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LGC is lagging the market.
Although the technical rating is only medium, LGC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 2.39. Right above this resistance zone may be a good entry point.
More info and screens
1.78
2.53
When analyzing the support we can see 5 important areas.
- A support zone ranging from 2.12 to 2.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.96 to 1.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.89 from a trend line in the weekly time frame.
- Support @1.83 from a trend line in the weekly time frame.
- Support @1.80 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.39 to 2.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.46 to 2.50. 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 | NEUTRAL | NEUTRAL | The long term trend for LGC.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LGC.CA is up. |
| ChartMill Relative Strength | 71.4 | POSITIVE | LGC.CA has a high relative strength, it outperformed 71.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LGC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LGC.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LGC.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.66 | NEUTRAL | The RSI value for LGC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LGC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.89 | NEUTRAL | The Stochastics value for LGC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for LGC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.89 | NEUTRAL | The ADX value for LGC.CA suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 2.43 | 2.11 | 0.32 (13.17%) | 7.59% |
| An entry @2.43. This is a Buy Stop order right above the resistance zone. | An exit @2.11. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.32 points, which is 13.17%. | For a 1.00% total portfolio risk, you can invest 7.59% of your capital in this trade. |
- 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:LGC (7/30/2025, 7:00:00 PM)
2.28
+0.01 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.44%
1 Week-4.6%
2 Weeks13.43%
1 Month11.76%
3 Month9.62%
6 Month3.17%
12 Month31.03%
2 Year812%
3 Year551.43%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%3.83%
ATR Inc-4.91%
Range Today0.1
ADR(20)0.08
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.4
Mansfield-0.89
10 Day High2.39
10 Day Low2
20 Day High2.39
20 Day Low1.94
52 Week High2.89
52 Week Low1.59
CS1 End2.14
CR1 Start2.39
Volume & EV
DER(3)-0.46%
DER(5)-1.23%
Volume3.83K
Volume Incr-51.57%
Vol(5)10.59K
Vol(50)28.09K