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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
$33.01
$0.53(1.58%)
Canadian Market opens in 15h 15m

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:Bullish (RSI: 60.60)
Trend Strength:Moderate (ADX: 24.14)
Volatility:Low (ATR: 0.59)
Support/Resistance:$29.38 – $33.71 (Bollinger Bands)

Technical conditions suggest iShares Gold Bullion ETF on the TSX is awaiting a decisive move. Overall, iShares Gold Bullion ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 60.60

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 89.91

Bearish
Overbought levels may trigger pullback.

Williams %R: -19.15

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 7.28

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 0.46

Bullish
Bullish, trend momentum is strengthening.

ADX: 24.14

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.59

Low
Low volatility, stable price action.

CCI (14): 78.61

Bullish
Bullish, momentum building upward.

Takeaway:iShares Gold Bullion ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$33.71
Middle Band (SMA 20)
$31.55
Lower Band
$29.38
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$33.19
Middle Line (EMA 20)
$32.01
Lower Channel
$30.82
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-855.11K
Money Flow Index83.96Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index52.65Neutral to Bullish, buyers hold a slight edge.

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

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.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:iShares Gold Bullion ETF stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(TSX: CGL.TO) Technical Analysis FAQ