XTRA-GOLD RESOURCES CORP (XTG.CA) Stock Technical Analysis
TSX:XTG - Toronto Stock Exchange - VGG9829R1038 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to XTG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, XTG is showing a nice and steady performance.
Warning: XTG has an average volume of 9049 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, XTG did better than 82% of all other stocks. We also observe that the gains produced by XTG over the past year are nicely spread over this period.
XTG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so XTG is lagging the market slightly.
In the last month XTG has a been trading in the 2.00 - 2.16 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
XTG is an average performer in the Metals & Mining industry, it outperforms 63% of 797 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, XTG also presents a decent setup pattern. 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 support zone below the current price at 2.07, a Stop Loss order could be placed below this zone.
More info and screens
1.87
2.19
We found 3 important support areas.
- A support zone ranging from 2.00 to 2.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.93 to 1.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.89 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.15 to 2.17. 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 | UP | POSITIVE | The long term trend for XTG.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XTG.CA is neutral. |
| ChartMill Relative Strength | 82.04 | POSITIVE | XTG.CA has a high relative strength, it outperformed 82.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XTG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XTG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XTG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.2 | NEUTRAL | The RSI value for XTG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests XTG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.5 | NEUTRAL | The Stochastics value for XTG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for XTG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.83 | NEGATIVE | The low ADX value for XTG.CA suggests a weak or negative 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 |
|---|---|---|---|
| 2.11 | 1.99 | 0.12 (5.69%) | 17.58% |
| An entry @2.11. This is a Buy Stop order right above the 10 day high. | An exit @1.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.12 points, which is 5.69%. | When investing 17.58% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:XTG (7/11/2025, 7:00:00 PM)
2.08
+0.03 (+1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.46%
1 Week-0.95%
2 Weeks-0.95%
1 Month2.46%
3 Month-3.7%
6 Month6.67%
12 Month71.9%
2 Year144.71%
3 Year116.67%
5 Year114.43%
10 Year890.48%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%2.16%
ATR Inc-67.69%
Range Today0.01
ADR(20)0.04
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.04
Mansfield0.9
10 Day High2.1
10 Day Low2
20 Day High2.16
20 Day Low2
52 Week High2.21
52 Week Low1.15
CS1 End2.07
CR1 Start2.15
Volume & EV
DER(3)0%
DER(5)0%
Volume10.10K
Volume Incr-70.99%
Vol(5)3.87K
Vol(50)9.05K