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LUNDIN GOLD INC (LUG.CA) Stock Technical Analysis

TSX:LUG - Toronto Stock Exchange - CA5503711080 - Common Stock

34.53  +0.48 (+1.41%)

Technical Rating and Analysis

10

Taking everything into account, LUG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, LUG has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that LUG is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, LUG also shows a nice and consistent pattern of rising prices.
LUG is part of the Metals & Mining industry. There are 825 other stocks in this industry. LUG outperforms 90% of them.
LUG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month LUG has a been trading in the 30.04 - 35.09 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
LUG Weekly chart
LUG Daily chart
Setup Rating and Analysis

4

Although LUG 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.

Support and Resistance Analysis

24.87

35.82

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 32.07 to 32.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @31.32 from a trend line in the daily time frame.
  • A support zone ranging from 29.88 to 30.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @29.18 from a horizontal line in the daily time frame.
  • Support @25.12 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 34.73 to 35.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS93.65
Mansfield3.02
10 Day High35.09
10 Day Low30.25
20 Day High35.09
20 Day Low30.04
52 Week High35.89
52 Week Low14.23
Performance
1 Week2.04%
2 Weeks8.01%
1 Month9.62%
3 Month-0.58%
6 Month48.07%
12 Month135.7%
2 Year124.22%
3 Year275.33%
5 Year227.92%
10 Year761.1%
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)0.37
RSI(14)63.97
LBB29.42
UBB35.54
LUG Daily chart

LUNDIN GOLD INC

TSX:LUG (1/17/2025, 7:00:00 PM)

34.53

+0.48 (+1.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.41%
1 Week2.04%
2 Weeks8.01%
1 Month9.62%
3 Month-0.58%
6 Month48.07%
12 Month135.7%
2 Year124.22%
3 Year275.33%
5 Year227.92%
10 Year761.1%
15 YearN/A
Volatility
ATR(14)1.18
ATR(20)%3.12%
ATR Inc-26.02%
Range Today0.82
ADR(20)0.98
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.65
Mansfield3.02
10 Day High35.09
10 Day Low30.25
20 Day High35.09
20 Day Low30.04
52 Week High35.89
52 Week Low14.23
CS1 End32.3
CR1 Start34.73
Volume & EV
DER(3)-2.65%
DER(5)-1.11%
Volume212.89K
Volume Incr-7.6%
Vol(5)316.88K
Vol(50)333.16K