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iShares Gold Bullion ETF

CGL.TO Technical Analysis Summary (TSX)

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

CGL.TO●TSX
Financial ServicesAsset Management
$32.43
$0.46(1.40%)
Canadian Market opens in 14h 23m

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

CGL.TO Technical Analysis Summary (TSX)

iShares Gold Bullion ETF (TSX: CGL.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.47)
Trend Strength:Weak (ADX: 18.59)
Volatility:Low (ATR: 0.62)
Support/Resistance:$32.01 – $35.54 (Bollinger Bands)

Technical conditions suggest iShares Gold Bullion ETF on the TSX is awaiting a decisive move. This mix signals that iShares Gold Bullion ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 43.47

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 5.25

Bullish
Oversold zone signals rebound potential.

Williams %R: -95.13

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -7.92

Strongly Bearish
Sharp downside momentum.

Takeaway:iShares Gold Bullion ETF shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.03

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.59

Weak
Weak trend, market trading sideways.

ATR (14): 0.62

Low
Low volatility, stable price action.

CCI (14): -114.18

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:iShares Gold Bullion ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$35.54
Middle Band (SMA 20)
$33.78
Lower Band
$32.01
Current Position
Within Bands

Takeaway:iShares Gold Bullion ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$34.51
Middle Line (EMA 20)
$33.27
Lower Channel
$32.03
Squeeze Status
No Squeeze

Takeaway:iShares Gold Bullion ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume104.71K
Money Flow Index16.04Bullish, oversold conditions signal rebound potential.
Relative Vigor Index45.66Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:CGL.TO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of iShares Gold Bullion ETF (TSX: CGL.TO), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for iShares Gold Bullion ETF are mixed, suggesting a Hold or wait-and-see approach.

(TSX: CGL.TO) Technical Analysis FAQ