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Augusta Gold Corp.(G:TSX)

1 month | 3 months | 6 months | 1 year | all | Adv Tech Chart
Last Candle Pattern: Separating Lines on 27/03/2024
Data as of end of day (EOD): Wednesday, March 27, 2024
$1.01

-0.0200


BI RATING:

Neutral

% Change -1.94%
Volume 35,985
Avg Volume 41,766
vs 3 Month Avg 86%
Open 1.04
Day High 1.04
Day Low 1.00
Previous Close 1.03

Daily Commentary

The stock price direction for the day for G:CA is DOWN. The stock is experiencing an uptrend as of late, with an increase of more than 15 percent in the last five days. However, today there is hesitation in the stocks direction, and consequently there is a minor drop in today’s share price. The stock price decrease was too weak to signal a trend reversal at this time, but should the stock decrease tomorrow; a trend reversal may be occurring. Based on BullishInvestor.com’s proprietary algorithms, G:CA is currently signalling NEUTRAL.

The most recent Candle Stick pattern for G:CA is the Doji.

There are two possible reasons for the Hold rating currently given to G:CA. The first reason is that there may be indecision among the technical indicators or most of them may be neutral for G:CA. If the stock chart looks flat lined or is in the midst of a trend direction change, most likely this is why G:CA is showing Neutral. If, however the stock is currently in a visible up or down trend, the reason for the Hold may be because the BULLISH or BEARISH rating has already passed.

The last BUY was registered on Feb 29, 2024 when G:CA was trading at $ 0.63. Armed with this knowledge, there may still be some more strength left in this current trend or it may be near a tipping point, the market has not given a clear indication yet.

As such, it may be a wise decision to hold your stock or continue to wait on the sidelines in G:CA until BullishInvestor.com changes the rating for G:CA.

Did you know that BullishInvestor.com has an advanced view for G:CA which let’s experienced technical traders analyze the stock chart of G:CA and input specific technical indicators, moving averages, price bands and much more. To view and plot your custom technical stock chart, select the “advanced view” option for G:CA located near the top right hand corner of this page or simply click the button below.


Technical Indicators

  
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[+] Bollinger Bands
[+] Exponential Moving Average
[+] Parabolic SAR
[+] Money Flow Index
[+] MACD
[+] Relative Strength Index
[+] Stochastics
[+] Williams %R