GGX GOLD CORP (GGX.CA)

CA36171K2011 - Common Stock

0.03  -0.01 (-14.29%)

Technical Rating and Analysis

2

Overall GGX gets a technical rating of 2 out of 10. GGX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, GGX is a bad performer in the overall market: 89% of all stocks are doing better.
GGX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month GGX has a been trading in the 0.01 - 0.04 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
GGX Weekly chart
GGX Daily chart
Setup Rating and Analysis

3

The technical rating of GGX is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

0.01

0.06

When analyzing the support we notice one important area.

  • Support @0.01 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • Resistance @0.03 from a trend line in the weekly time frame.
  • Resistance @0.04 from a trend line in the daily time frame.
  • Resistance @0.05 from a trend line in the daily time frame.
  • Resistance @0.06 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.55
Mansfield-4.86
10 Day High0.04
10 Day Low0.02
20 Day High0.04
20 Day Low0.02
52 Week High0.09
52 Week Low0.02
Performance
1 Week20%
2 Weeks100%
1 Month0%
3 Month-25%
6 Month-25%
12 Month-50%
2 Year-25%
3 Year-82.35%
5 Year-84.62%
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)53.9
LBB0.01
UBB0.03
GGX Daily chart

GGX GOLD CORP

TSX-V:GGX (9/13/2024, 7:00:00 PM)

0.03

-0.01 (-14.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-14.29%
1 Week20%
2 Weeks100%
1 Month0%
3 Month-25%
6 Month-25%
12 Month-50%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0
ATR(20)%16.67%
ATR Inc
Range Today0
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.04
10 Day Low0.02
20 Day High0.04
20 Day Low0.02
52 Week High0.09
52 Week Low0.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume105.00K
Volume Incr-12.88%
Vol(5)65.44K
Vol(50)115.76K