Logo image of LUG.CA

LUNDIN GOLD INC (LUG.CA) Stock Technical Analysis

Canada - Toronto Stock Exchange - TSX:LUG - CA5503711080 - Common Stock

116.58 CAD
+0.85 (+0.73%)
Last: 1/9/2026, 7:00:00 PM
Technical Rating and Analysis

10

Overall LUG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, LUG has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, LUG did better than 92% of all other stocks. On top of that, LUG also shows a nice and consistent pattern of rising prices.
LUG is one of the better performing stocks in the Metals & Mining industry, it outperforms 79% of 812 stocks in the same industry.
LUG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month LUG has a been trading in the 104.39 - 121.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
LUNDIN GOLD INC / LUG Weekly stock chart
LUNDIN GOLD INC / LUG Daily stock chart
Setup Rating and Analysis

8

LUG 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 114.71, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LUG 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.
Support and Resistance Analysis

106.49

121.66

2 important support areas can be observed.

  • A support zone ranging from 114.14 to 114.71. 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 107.57 to 108.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 118.78 to 120.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 IndicatorUPPOSITIVEThe long term trend for LUG.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for LUG.CA is up.
ChartMill Relative Strength92.79POSITIVELUG.CA has a high relative strength, it outperformed 92.79% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of LUG.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of LUG.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of LUG.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)57.05NEUTRALThe RSI value for LUG.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.24NEGATIVEThe MACD value suggests LUG.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)54.67NEUTRALThe Stochastics value for LUG.CA is a neutral value.
Average True Range in percent/ATR (20)3.77MEDIUM VOLATILITYThe ATR as a percentage value for LUG.CA suggests some volalility.
Average Directional Index/ADX (14)13.02NEGATIVEThe low ADX value for LUG.CA suggests a weak or negative trend.
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
120.47114.136.34 (5.26%)19.00%
An entry @120.47. This is a Buy Stop order right above the resistance zone.An exit @114.13. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 6.34 points, which is 5.26%.When investing 19.00% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of LUG. Please evaluate whether better entry and exit points can be found.
  • 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.
LUNDIN GOLD INC / LUG Daily stock chart

LUNDIN GOLD INC

TSX:LUG (1/9/2026, 7:00:00 PM)

116.58

+0.85 (+0.73%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.73%
1 Week4.23%
2 Weeks-2.85%
1 Month8.38%
3 Month25.27%
6 Month66.35%
12 Month244.5%
2 Year635.06%
3 Year657.01%
5 Year1039.59%
10 Year2873.98%
15 YearN/A
Volatility
ATR(14)4.49
ATR(20)%3.77%
ATR Inc-26.69%
Range Today2.35
ADR(20)4.01
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.79
3 months CRS84.05
6 months CRS83.2
Mansfield4.26
10 Day High120.33
10 Day Low108.06
20 Day High121.92
20 Day Low104.39
52 Week High121.92
52 Week Low33.19
CS1 End114.71
CR1 Start118.78
Volume & EV
DER(3)4.34%
DER(5)2.39%
Volume463.22K
Volume Incr-28.74%
Vol(5)479.36K
Vol(50)778.89K

LUNDIN GOLD INC / LUG.CA FAQ

What is the ChartMill technical rating of LUNDIN GOLD INC (LUG.CA) stock?

ChartMill assigns a technical rating of 10 / 10 to LUG.CA.


What is the trend direction for LUG stock?

The current trend direction for LUNDIN GOLD INC (LUG.CA) is Bullish.


What is the RSI signal for LUG stock?

LUNDIN GOLD INC (LUG.CA) has an RSI value of 57.05. This indicates that the stock is currently neutral.


What is the MACD signal for LUG stock?

The MACD indicator for LUNDIN GOLD INC (LUG.CA) has a value of -0.235684, indicating a bearish trend.


Can you provide the support and resistance levels for LUNDIN GOLD INC?

LUNDIN GOLD INC (LUG.CA) has a support level at 114.71 and a resistance level at 118.78. Check the full technical report for our detailed analysis of LUG.CA support and resistance levels.