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China Gold International Resources Corp. Ltd.

CGG.TO Technical Analysis Summary (TSX)

Analyze CGG.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CGG.TOTSX
Basic MaterialsOther Precious Metals
$45.10
$1.17(2.53%)
Canadian Market opens in 6h 0m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CGG.TO Technical Analysis Summary (TSX)

China Gold International Resources Corp. Ltd. (TSX: CGG.TO) stock currently shows a bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 72.30)
Trend Strength:Very Strong (ADX: 45.10)
Volatility:Medium (ATR: 2.11)
Support/Resistance:$27.45 – $46.72 (Bollinger Bands)

Technical conditions suggest China Gold International Resources Corp. Ltd. on the TSX is awaiting a decisive move. Overall, China Gold International Resources Corp. Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 72.30

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 93.80

Bearish
Overbought levels may trigger pullback.

Williams %R: -12.46

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 35.69

Strongly Bullish
Strong upside momentum.

Takeaway:China Gold International Resources Corp. Ltd. shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 4.11

Bullish
Bullish, trend momentum is strengthening.

ADX: 45.10

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 2.11

Medium
Medium volatility, healthy price movement.

CCI (14): 133.73

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:China Gold International Resources Corp. Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$46.72
Middle Band (SMA 20)
$37.08
Lower Band
$27.45
Current Position
Within Bands

Takeaway:China Gold International Resources Corp. Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$41.99
Middle Line (EMA 20)
$37.76
Lower Channel
$33.53
Squeeze Status
No Squeeze

Takeaway:China Gold International Resources Corp. Ltd. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume613.51K
Money Flow Index75.29Bullish, inflows support continued momentum.
Relative Vigor Index57.94Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:CGG.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of China Gold International Resources Corp. Ltd. (TSX: CGG.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:China Gold International Resources Corp. Ltd. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(TSX: CGG.TO) Technical Analysis FAQ