ISHARES GOLD BULLION FUND (CGL-C.CA) Stock Technical Analysis
TSX:CGL-C - Toronto Stock Exchange - CA46432D1024 - ETF - Currency: CAD
We assign a technical rating of 10 out of 10 to CGL-C. Both in the recent history as in the last year, CGL-C has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: CGL-C has an average volume of 29218 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CGL-C is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by CGL-C over the past year are nicely spread over this period.
CGL-C is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month CGL-C has a been trading in a tight range between 34.39 and 35.67.
CGL-C has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 35.22, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
30.05
35.99
When analyzing the support we can see 4 important areas.
- A support zone ranging from 35.04 to 35.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @34.41 from a horizontal line in the daily time frame.
- A support zone ranging from 33.50 to 33.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.35 to 30.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 35.24 to 35.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.49
Mansfield1.54
10 Day High35.67
10 Day Low34.5
20 Day High35.67
20 Day Low34.39
52 Week High35.67
52 Week Low24.6
Performance
1 Week1.44%
2 Weeks0.11%
1 Month2.26%
3 Month12.3%
6 Month23.29%
12 Month41.6%
2 Year55.2%
3 Year69.78%
5 Year82.92%
10 Year162.32%
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)-0.08
RSI(14)57.32
LBB34.76
UBB35.64
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 |
|---|---|---|---|
| 35.64 | 35.03 | 0.61 (1.71%) | 25.00% |
| An entry @35.64. This is a Buy Stop order right above the resistance zone. | An exit @35.03. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.61 points, which is 1.71%. | For a 0.43% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CGL-C. 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.
TSX:CGL-C (3/7/2025, 7:00:00 PM)
35.23
+0.15 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.43%
1 Week1.44%
2 Weeks0.11%
1 Month2.26%
3 Month12.3%
6 Month23.29%
12 Month41.6%
2 Year55.2%
3 Year69.78%
5 Year82.92%
10 Year162.32%
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%1.12%
ATR Inc-23.29%
Range Today0.23
ADR(20)0.29
ADR(20)%0.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.49
Mansfield1.54
10 Day High35.67
10 Day Low34.5
20 Day High35.67
20 Day Low34.39
52 Week High35.67
52 Week Low24.6
CS1 End35.22
CR1 Start35.24
Volume & EV
DER(3)-2.12%
DER(5)0.37%
Volume27.30K
Volume Incr6.35%
Vol(5)38.02K
Vol(50)29.22K