GOLDON RESOURCES LTD (GLD.CA) Stock Technical Analysis
TSX-V:GLD - TSX Venture Exchange - CA38147L2066 - Common Stock - Currency: CAD
We assign a technical rating of 6 out of 10 to GLD. In the past year, GLD was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
GLD is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, GLD did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
GLD is an average performer in the Metals & Mining industry, it outperforms 68% of 822 stocks in the same industry.
In the last month GLD has a been trading in the 0.03 - 0.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, GLD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.03
0.04
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.04 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
CRS83.97
Mansfield-4.36
10 Day High0.05
10 Day Low0.04
20 Day High0.05
20 Day Low0.03
52 Week High0.16
52 Week Low0.03
Performance
1 Week14.29%
2 Weeks-11.11%
1 Month60%
3 Month33.33%
6 Month-38.46%
12 Month14.29%
2 Year-63.64%
3 Year-77.14%
5 Year-85.96%
10 Year100%
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)56.38
LBB0.03
UBB0.05
TSX-V:GLD (3/6/2025, 7:00:00 PM)
0.04
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week14.29%
2 Weeks-11.11%
1 Month60%
3 Month33.33%
6 Month-38.46%
12 Month14.29%
2 Year-63.64%
3 Year-77.14%
5 Year-85.96%
10 Year100%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%11.88%
ATR Inc-53.33%
Range Today0
ADR(20)0
ADR(20)%8.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.97
Mansfield-4.36
10 Day High0.05
10 Day Low0.04
20 Day High0.05
20 Day Low0.03
52 Week High0.16
52 Week Low0.03
CS1 End0.04
CR1 Start0.04
Volume & EV
DER(3)0%
DER(5)-10.47%
Volume9.00K
Volume Incr-78.35%
Vol(5)31.45K
Vol(50)132.39K