GALLEON GOLD CORP (GGO.CA) Stock Technical Analysis
TSX-V:GGO - TSX Venture Exchange - CA36381N4093 - Common Stock - Currency: CAD
Taking everything into account, GGO scores 8 out of 10 in our technical rating. Although GGO has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Looking at the yearly performance, GGO did better than 91% of all other stocks. On top of that, GGO also shows a nice and consistent pattern of rising prices.
GGO is one of the better performing stocks in the Metals & Mining industry, it outperforms 80% of 822 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
GGO 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 GGO has a been trading in the 0.22 - 0.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although GGO has an excellent technical rating, the quality of the presented setup is not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.17
0.31
We found 5 important support areas.
- A support zone ranging from 0.25 to 0.25. 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 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.22 from a horizontal line in the daily time frame.
- Support @0.18 from a trend line in the weekly time frame.
- A support zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.29 from a trend line in the weekly time frame.
- Resistance @0.31 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
CRS91.16
Mansfield1.78
10 Day High0.28
10 Day Low0.23
20 Day High0.32
20 Day Low0.22
52 Week High0.33
52 Week Low0.15
Performance
1 Week0%
2 Weeks-3.64%
1 Month10.42%
3 Month39.47%
6 Month20.45%
12 Month60.61%
2 Year-5.36%
3 Year-54.31%
5 Year-47%
10 YearN/A
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
RSI(14)53.95
LBB0.23
UBB0.29
TSX-V:GGO (3/7/2025, 7:00:00 PM)
0.265
+0.01 (+3.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.92%
1 Week0%
2 Weeks-3.64%
1 Month10.42%
3 Month39.47%
6 Month20.45%
12 Month60.61%
2 Year-5.36%
3 Year-54.31%
5 Year-47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%9.15%
ATR Inc-31.71%
Range Today0.02
ADR(20)0.02
ADR(20)%8.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.16
Mansfield1.78
10 Day High0.28
10 Day Low0.23
20 Day High0.32
20 Day Low0.22
52 Week High0.33
52 Week Low0.15
CS1 End0.25
CR1 Start0.28
Volume & EV
DER(3)1.54%
DER(5)-16.71%
Volume65.98K
Volume Incr-31.59%
Vol(5)61.71K
Vol(50)65.65K