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iShares Gold Bullion ETF (CAD-Hedged)

iShares Gold Bullion ETF (CAD-Hedged) (CGL.TO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for iShares Gold Bullion ETF (CAD-Hedged).

CGL.TO●TSX
Financial ServicesAsset Management
$31.03
$0.38(1.24%)
Canadian Market opens in 59h 44m
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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

iShares Gold Bullion ETF (CAD-Hedged) stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 37.49)
Trend Strength:Moderate (ADX: 27.37)
Volatility:Medium (ATR: 0.73)
Support/Resistance:$30.07 – $34.67 (Bollinger Bands)

Technical conditions suggest iShares Gold Bullion ETF (CAD-Hedged) is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 37.49

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 17.55

Bullish
Oversold zone signals rebound potential.

Williams %R: -71.69

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -5.80

Strongly Bearish
Sharp downside momentum.

Takeaway:iShares Gold Bullion ETF (CAD-Hedged) shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.94

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 27.37

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.73

Low
Low volatility, stable price action.

CCI (14): -80.28

Bearish
Bearish, momentum remains under pressure.

Takeaway:iShares Gold Bullion ETF (CAD-Hedged) shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$34.67
Middle Band (SMA 20)
$32.37
Lower Band
$30.07
Current Position
Within Bands

Takeaway:iShares Gold Bullion ETF (CAD-Hedged) trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$33.71
Middle Line (EMA 20)
$32.26
Lower Channel
$30.81
Squeeze Status
No Squeeze

Takeaway:iShares Gold Bullion ETF (CAD-Hedged) trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-392.24K
Money Flow Index41.69Neutral, balanced money flows with no clear signal.
Relative Vigor Index56.34Neutral 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 (CAD-Hedged), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

Overall Recommendation:iShares Gold Bullion ETF (CAD-Hedged) shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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