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LUNDIN GOLD INC (LUG.CA) Stock Technical Analysis

TSX:LUG - Toronto Stock Exchange - CA5503711080 - Common Stock - Currency: CAD

64.97  +1.28 (+2.01%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to LUG. 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.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, LUG did better than 97% of all other stocks. On top of that, LUG also shows a nice and consistent pattern of rising prices.
LUG is part of the Metals & Mining industry. There are 796 other stocks in this industry. LUG outperforms 95% of them.
LUG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so LUG is leading the market.
In the last month LUG has a been trading in the 52.23 - 67.80 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
LUNDIN GOLD INC / LUG Weekly stock chart
LUNDIN GOLD INC / LUG Daily stock chart
Setup Rating and Analysis

3

Although LUG 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.

Support and Resistance Analysis

40.11

65.62

3 important support areas can be observed.

  • A support zone ranging from 59.71 to 59.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @47.81 from a trend line in the daily time frame.
  • Support @40.52 from a trend line in the weekly time frame.

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 Strength97.77POSITIVELUG.CA has a high relative strength, it outperformed 97.77% 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)62.49NEUTRALThe RSI value for LUG.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.21POSITIVEThe MACD value suggests LUG.CA has a positive trend.
Stochastics (14,3)74.44NEUTRALThe Stochastics value for LUG.CA is a neutral value.
Average True Range in percent/ATR (20)5.15HIGH VOLATILITYThe high ATR as a percentage value for LUG.CA suggests high volalility.
Average Directional Index/ADX (14)22.76NEUTRALThe ADX value for LUG.CA suggests a possible start of a new 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)
LUNDIN GOLD INC / LUG Daily stock chart

LUNDIN GOLD INC

TSX:LUG (5/28/2025, 7:00:00 PM)

64.97

+1.28 (+2.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.01%
1 Week3.59%
2 Weeks12.33%
1 Month15.71%
3 Month62.95%
6 Month99.54%
12 Month222.75%
2 Year277.73%
3 Year557.59%
5 Year421.85%
10 Year1561.64%
15 YearN/A
Volatility
ATR(14)3.56
ATR(20)%5.15%
ATR Inc-59.49%
Range Today1.38
ADR(20)2.52
ADR(20)%3.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.77
Mansfield7.72
10 Day High65.13
10 Day Low54.03
20 Day High67.8
20 Day Low52.23
52 Week High67.8
52 Week Low18.48
CS1 End59.73
CR1 StartN/A
Volume & EV
DER(3)4.5%
DER(5)1.36%
Volume541.62K
Volume Incr-45.79%
Vol(5)420.25K
Vol(50)624.06K