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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
$31.25
$0.59(1.92%)
Canadian Market opens in 14h 41m

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 bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 53.07)
Trend Strength:Moderate (ADX: 22.87)
Volatility:Low (ATR: 0.54)
Support/Resistance:$29.43 – $31.91 (Bollinger Bands)

Technical conditions suggest iShares Gold Bullion ETF on the TSX is awaiting a decisive move. Technical conditions suggest iShares Gold Bullion ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 53.07

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 81.70

Bearish
Overbought levels may trigger pullback.

Williams %R: -1.45

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.58

Neutral
Price change is minimal.

Takeaway:iShares Gold Bullion ETF shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.32

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.87

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.54

Low
Low volatility, stable price action.

CCI (14): 125.20

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:iShares Gold Bullion ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$31.91
Middle Band (SMA 20)
$30.67
Lower Band
$29.43
Current Position
Within Bands

Takeaway:iShares Gold Bullion ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$31.82
Middle Line (EMA 20)
$30.74
Lower Channel
$29.66
Squeeze Status
No Squeeze

Takeaway:iShares Gold Bullion ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-377.54K
Money Flow Index48.39Neutral, balanced money flows with no clear signal.
Relative Vigor Index57.90Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:CGL.TO shows mixed signals in money flow analysis.

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

RSI above 50 → positive momentum from buyers.

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

(TSX: CGL.TO) Technical Analysis FAQ