Q-GOLD RESOURCES LTD (QGR.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:QGR • CA7472695047
We assign a technical rating of 2 out of 10 to QGR. Although QGR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- QGR is one of the lesser performing stocks in the Metals & Mining industry. 65% of 814 stocks in the same industry do better.
- In the last month QGR has a been trading in the 0.20 - 0.30 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- When comparing the yearly performance of all stocks, we notice that QGR is one of the better performing stocks in the market, outperforming 72% of all stocks.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- QGR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QGR is lagging the market.
The technical rating of QGR is bad and it also does not present a 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.
More info and screens
0.11
We found 1 important support area.
- Support @0.11 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @0.34 from a horizontal line in the daily time frame.
- Resistance @0.35 from a horizontal line in the daily time frame.
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 QGR.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QGR.CA is down. |
| ChartMill Relative Strength | 72.63 | POSITIVE | QGR.CA has a high relative strength, it outperformed 72.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QGR.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QGR.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QGR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.91 | NEUTRAL | The RSI value for QGR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests QGR.CA has a negative trend. |
| Stochastics (14,3) | 26.32 | NEUTRAL | The Stochastics value for QGR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.43 | HIGH VOLATILITY | The high ATR as a percentage value for QGR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.74 | NEGATIVE | The low ADX value for QGR.CA suggests a weak or negative trend. |
TSX-V:QGR (2/5/2026, 7:00:00 PM)
0.21
-0.02 (-8.7%)
Q-GOLD RESOURCES LTD / QGR.CA FAQ
What is the technical rating for QGR stock?
ChartMill assigns a technical rating of 2 / 10 to QGR.CA.
What is the trend direction for QGR stock?
The current trend direction for Q-GOLD RESOURCES LTD (QGR.CA) is Bearish.
What is the RSI signal for Q-GOLD RESOURCES LTD (QGR.CA) stock?
Q-GOLD RESOURCES LTD (QGR.CA) has an RSI value of 39.9139. This indicates that the stock is currently neutral.
What is the MACD signal for QGR stock?
The MACD indicator for Q-GOLD RESOURCES LTD (QGR.CA) has a value of -0.00527063, indicating a bearish trend.
What are the support and resistance levels for Q-GOLD RESOURCES LTD (QGR.CA) stock?
Q-GOLD RESOURCES LTD (QGR.CA) has a support level at 0.11 and a resistance level at 0.34. Check the full technical report for our detailed analysis of QGR.CA support and resistance levels.