GOGOLD RESOURCES INC (GGD.CA) Stock Technical Analysis
TSX:GGD - Toronto Stock Exchange - CA38045Y1025 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to GGD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GGD is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
GGD is part of the Metals & Mining industry. There are 818 other stocks in this industry. GGD outperforms 71% of them.
In the last month GGD has a been trading in the 1.30 - 1.65 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that GGD is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
GGD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GGD is lagging the market.
Although GGD has an excellent technical rating, the quality of the presented setup is not ideal 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
1.05
1.78
We found 3 important support areas.
- A support zone ranging from 1.50 to 1.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.12 from a trend line in the weekly time frame.
- Support @1.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.60 to 1.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.69 from a horizontal line in the weekly time frame.
- Resistance @1.76 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.77
Mansfield0.26
10 Day High1.65
10 Day Low1.49
20 Day High1.65
20 Day Low1.31
52 Week High1.83
52 Week Low0.94
Performance
1 Week-5.03%
2 Weeks-2.58%
1 Month13.53%
3 Month13.53%
6 Month17.05%
12 Month52.53%
2 Year-28.1%
3 Year-49.67%
5 Year160.35%
10 Year-1.31%
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)-0.01
RSI(14)53.15
LBB1.49
UBB1.62
TSX:GGD (2/21/2025, 7:00:00 PM)
1.51
-0.1 (-6.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-6.21%
1 Week-5.03%
2 Weeks-2.58%
1 Month13.53%
3 Month13.53%
6 Month17.05%
12 Month52.53%
2 Year-28.1%
3 Year-49.67%
5 Year160.35%
10 Year-1.31%
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%4.9%
ATR Inc6.9%
Range Today0.09
ADR(20)0.07
ADR(20)%4.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.77
Mansfield0.26
10 Day High1.65
10 Day Low1.49
20 Day High1.65
20 Day Low1.31
52 Week High1.83
52 Week Low0.94
CS1 End1.5
CR1 Start1.6
Volume & EV
DER(3)-4.77%
DER(5)-2.03%
Volume636.48K
Volume Incr-19.18%
Vol(5)544.64K
Vol(50)685.88K