GGL RESOURCES CORP (GGL.CA) Stock Technical Analysis
TSX-V:GGL - TSX Venture Exchange - CA36171B3002 - Common Stock - Currency: CAD
We assign a technical rating of 6 out of 10 to GGL. In the past year, GGL was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, GGL turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
GGL is part of the Metals & Mining industry. There are 822 other stocks in this industry, GGL did better than 56% of them.
GGL is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month GGL has a been trading in the 0.03 - 0.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, GGL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for GGL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.03
0.06
We found 1 important support area.
- Support @0.03 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.06 from a trend 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
CRS56.69
Mansfield-2.49
10 Day High0.06
10 Day Low0.04
20 Day High0.06
20 Day Low0.03
52 Week High0.08
52 Week Low0.02
Performance
1 Week-10%
2 Weeks12.5%
1 Month28.57%
3 Month28.57%
6 Month-30.77%
12 Month-18.18%
2 Year-10%
3 Year-67.86%
5 Year0%
10 Year125%
15 Year-82%
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
RSI(14)50.55
LBB0.03
UBB0.06
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 |
|---|---|---|---|
| 0.06 | 0.03 | 0.03 (49.58%) | 2.02% |
| An entry @0.06. This is a Buy Stop order right above the 10 day moving average. | An exit @0.03. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 49.58%. | For a 1.00% total portfolio risk, you can invest 2.02% of your capital in this trade. |
- 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-V:GGL (3/6/2025, 7:00:00 PM)
0.045
-0.01 (-10%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-10%
1 Week-10%
2 Weeks12.5%
1 Month28.57%
3 Month28.57%
6 Month-30.77%
12 Month-18.18%
2 Year-10%
3 Year-67.86%
5 Year0%
10 Year125%
15 Year-82%
Volatility
ATR(14)0.01
ATR(20)%17.78%
ATR Inc-73.08%
Range Today0.01
ADR(20)0
ADR(20)%10%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.69
Mansfield-2.49
10 Day High0.06
10 Day Low0.04
20 Day High0.06
20 Day Low0.03
52 Week High0.08
52 Week Low0.02
CS1 End0.03
CR1 Start0.05
Volume & EV
DER(3)0%
DER(5)16.94%
Volume136.00K
Volume Incr60.87%
Vol(5)78.60K
Vol(50)41.24K