ISHARES GOLD BULLION ETF (CGL.CA) Stock Technical Analysis
TSX:CGL - Toronto Stock Exchange - CA46432D2014 - ETF - Currency: CAD
Overall CGL gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CGL 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, CGL did better than 82% of all other stocks. We also observe that the gains produced by CGL over the past year are nicely spread over this period.
CGL 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 has a been trading in a tight range between 22.33 and 23.28.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, CGL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for CGL in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
19.58
23.48
5 important support areas can be observed.
- A support zone ranging from 22.70 to 22.91. 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 21.42 to 21.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.70 from a horizontal line in the daily time frame.
- A support zone ranging from 20.32 to 20.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.78 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.94 to 23.25. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS82.57
Mansfield1.1
10 Day High23.28
10 Day Low22.33
20 Day High23.28
20 Day Low22.33
52 Week High23.28
52 Week Low17.19
Performance
1 Week1.96%
2 Weeks-0.95%
1 Month1.78%
3 Month10.24%
6 Month15.87%
12 Month32.01%
2 Year43.85%
3 Year44.12%
5 Year73.98%
10 Year116.93%
15 Year127.93%
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)-0.06
RSI(14)56.94
LBB22.57
UBB23.39
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 |
|---|---|---|---|
| 23.26 | 22.69 | 0.57 (2.45%) | 25.00% |
| An entry @23.26. This is a Buy Stop order right above the resistance zone. | An exit @22.69. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.57 points, which is 2.45%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.61%. |
- 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 (3/7/2025, 7:00:00 PM)
22.93
-0.01 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.04%
1 Week1.96%
2 Weeks-0.95%
1 Month1.78%
3 Month10.24%
6 Month15.87%
12 Month32.01%
2 Year43.85%
3 Year44.12%
5 Year73.98%
10 Year116.93%
15 Year127.93%
Volatility
ATR(14)0.25
ATR(20)%1.08%
ATR Inc-41.98%
Range Today0.18
ADR(20)0.18
ADR(20)%0.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.57
Mansfield1.1
10 Day High23.28
10 Day Low22.33
20 Day High23.28
20 Day Low22.33
52 Week High23.28
52 Week Low17.19
CS1 End22.91
CR1 Start22.94
Volume & EV
DER(3)-0.85%
DER(5)4.35%
Volume110.12K
Volume Incr14.84%
Vol(5)119.25K
Vol(50)77.24K