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LUNDIN GOLD INC (LUG.CA) Stock Technical Analysis

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

39.89  +0.01 (+0.03%)

Technical Rating and Analysis

10

Taking everything into account, LUG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LUG is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, LUG did better than 95% of all other stocks. We also observe that the gains produced by LUG over the past year are nicely spread over this period.
LUG is one of the better performing stocks in the Metals & Mining industry, it outperforms 91% of 832 stocks in the same industry.
LUG is currently making a new 52 week high. This is a strong signal. 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 33.19 - 40.48 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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 offer a high quality setup 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

28.89

40.29

We found 6 important support areas.

  • A support zone ranging from 35.70 to 35.78. 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 33.60 to 34.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @32.60 from a trend line in the daily time frame.
  • Support @31.95 from a trend line in the weekly time frame.
  • Support @29.89 from a horizontal line in the daily time frame.
  • Support @29.18 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.21
Mansfield4.43
10 Day High40.48
10 Day Low34.07
20 Day High40.48
20 Day Low33.19
52 Week High40.48
52 Week Low14.23
Performance
1 Week10.81%
2 Weeks12.49%
1 Month17.88%
3 Month22.1%
6 Month73.21%
12 Month154.08%
2 Year182.91%
3 Year290.31%
5 Year283.93%
10 Year909.87%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.48
RSI(14)77.38
LBB32.59
UBB40.33
LUNDIN GOLD INC / LUG Daily stock chart

LUNDIN GOLD INC

TSX:LUG (2/7/2025, 7:00:00 PM)

39.89

+0.01 (+0.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.03%
1 Week10.81%
2 Weeks12.49%
1 Month17.88%
3 Month22.1%
6 Month73.21%
12 Month154.08%
2 Year182.91%
3 Year290.31%
5 Year283.93%
10 Year909.87%
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%2.84%
ATR Inc-7.28%
Range Today1.12
ADR(20)0.99
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.21
Mansfield4.43
10 Day High40.48
10 Day Low34.07
20 Day High40.48
20 Day Low33.19
52 Week High40.48
52 Week Low14.23
CS1 End35.78
CR1 StartN/A
Volume & EV
DER(3)6.45%
DER(5)8.63%
Volume283.62K
Volume Incr15%
Vol(5)342.33K
Vol(50)314.67K