GOLDMONEY INC (XAU.CA) Stock Technical Analysis
TSX:XAU - Toronto Stock Exchange - VGG4001R1047 - Common Stock - Currency: CAD
Overall XAU gets a technical rating of 6 out of 10. XAU has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Warning: XAU has an average volume of 5969 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the performance of all stocks over the past year, XAU turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
XAU is part of the Specialty Retail industry. There are 15 other stocks in this industry, XAU did better than 50% of them.
XAU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so XAU is lagging the market.
In the last month XAU has a been trading in the 8.00 - 9.07 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, XAU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for XAU 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
7.34
9.10
4 important support areas can be observed.
- A support zone ranging from 8.09 to 8.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.81 to 7.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.60 to 7.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.41 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.58 to 8.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.01 from a horizontal 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
CRS53.98
Mansfield-0.5
10 Day High9.07
10 Day Low8.3
20 Day High9.07
20 Day Low8
52 Week High10.58
52 Week Low6.45
Performance
1 Week-2.73%
2 Weeks-4.58%
1 Month4.91%
3 Month4.52%
6 Month-5.94%
12 Month9.34%
2 Year-14.07%
3 Year-18.96%
5 Year-3.39%
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)-0.05
RSI(14)51.47
LBB8.4
UBB9.08
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 |
|---|---|---|---|
| 8.81 | 8.29 | 0.52 (5.90%) | 16.94% |
| An entry @8.81. This is a Buy Stop order right above the resistance zone. | An exit @8.29. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.52 points, which is 5.90%. | When investing 16.94% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:XAU (2/21/2025, 7:00:00 PM)
8.55
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0%
1 Week-2.73%
2 Weeks-4.58%
1 Month4.91%
3 Month4.52%
6 Month-5.94%
12 Month9.34%
2 Year-14.07%
3 Year-18.96%
5 Year-3.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%3.22%
ATR Inc-45.75%
Range Today0.18
ADR(20)0.26
ADR(20)%3.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.98
Mansfield-0.5
10 Day High9.07
10 Day Low8.3
20 Day High9.07
20 Day Low8
52 Week High10.58
52 Week Low6.45
CS1 End8.2
CR1 Start8.58
Volume & EV
DER(3)7.51%
DER(5)2.45%
Volume14.22K
Volume Incr97.8%
Vol(5)9.86K
Vol(50)5.97K