Technical analysis from Lundin Gold Inc (LUG.TO.TO, TSE:LUG.TO) on the Toronto Stock Exchange (TSX). Download the latest price data & trading signals

Lundin Gold Inc
+ Share

LUG has achieved a lower high of $5.08 (-1.2 %)
High Price /
LUG has achieved a lower high of $5.08 (-1.2 %)

[BEARISH]: Lundin Gold Inc current downtrend in the first timeframe. Currently, the HIGH is -1.2 %.

CMF highlights continued positive divergence for Lundin Gold Inc
Chaikin Money Flow /
CMF highlights continued positive divergence for Lundin Gold Inc

[BULLISH]: Lundin Gold Inc current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.26. LUG received a confirmed CMF crossover days on the May 1 2018. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.39 occurring on the May 1 2018.

Average True Range /
Lundin Gold Inc: Average True Range (0.119) has confirmed an downtrend is present

LUG: Average True Range Recent Trading -> (1) 17 May: 0.119 (2) 16 May: 0.122 (3) 15 May: 0.118

Exponential Moving Average /
The EMA trend following signal is still current for Lundin Gold Inc [Bearish]

[BEARISH]: Lundin Gold Inc currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.8%.

Percentage Volume /
Lundin Gold Inc: Percentage Volume Oscillator (-8.75)

[BEARISH]: Lundin Gold Inc currently has negative PVO -8.75%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -3%.

Weighted Moving Average /
Weighted Moving Average(5) signal is confirmed for Lundin Gold Inc indicating downward price movement is likely

LUG: WMA Current Signal -> (1) 17 May: BEARISH CROSSOVER (2) 16 May: BULLISH CROSSOVER (3) 15 May: BEARISH

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LUG was easily moved during the last trading day indicating a ST downtrend
Ease of Movement /
LUG was easily moved during the last trading day indicating a ST downtrend

LUG: EOM Current Signal -> (1) 17 May: BEARISH EASY (2) 16 May: BULLISH EASY (3) 15 May: BEARISH EASY

LUG Basic Candle: Short Black
Short Black Candle /
LUG Basic Candle: Short Black

[BEARISH]: Lundin Gold Inc has formed a Short Black candlestick. This means, LUG has limited price movement derived from weak selling pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

On Balance Volume /
Lundin Gold Inc: Current trading activity signals OBV accumulation is present

[BULLISH]: Lundin Gold Inc current price has highlighted recent accumulation. Currently, the OBV is 275974.

Price Range /
Lundin Gold Inc: Daily price range is $0.08 [Decreasing Range]

[BEARISH]: Lundin Gold Inc current downtrend in the first timeframe. Currently, the Range is $0.08.

Stochastic Oscillator /
Initiation of oversold signal for Lundin Gold Inc [Bullish Crossover]

[BULLISH]: Lundin Gold Inc is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Lundin Gold Inc: Daily opening performance is -1.2 % [Uptrend]
Opening Price /
Lundin Gold Inc: Daily opening performance is -1.2 % [Uptrend]

LUG: OPEN Current Signal -> (1) 17 May: BULLISH (2) 16 May: BULLISH (3) 15 May: NEUTRAL

Lundin Gold Inc: Momentum(5)
Momentum /
Lundin Gold Inc: Momentum(5)

[BEARISH]: Lundin Gold Inc currently has negative momentum of -0.25 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -0.8%.The largest downward momentum rally for the last 3 months is 8 days producing a return of -9.8%.

Hook Reversal /
A short term Hook Reversal has formed with Lundin Gold Inc

[BEARISH]: A short term Hook Reversal has formed with Lundin Gold Inc which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 6 occurrences of this bar reversal giving a signal probability of 2.3%.

Moving Average Envelope /
Closing price for LUG is still below the lower envelope signalling a bullish movement

[BULLISH]: Lundin Gold Inc current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 4.7595.

Accumulation / Distribution /
Market conditions are indicating accumulation is current for LUG

[BULLISH]: Lundin Gold Inc current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 117907.

The MFI for Lundin Gold Inc has returned to stable trading conditions
Money Flow Index /
The MFI for Lundin Gold Inc has returned to stable trading conditions

[NEUTRAL]: Lundin Gold Inc current trading price has closed out money flow index oversold status and signalled the initiation of normal trading conditions. Currently, the MFI is 76.29. The previous bullish signal was active for 0 day. During the quarter, the lowest MFI value was 29.57.

Lundin Gold Inc has moved above the R1 DeMark pivot point ($5.0225) [Bullish]
Demarks Pivot Points /
Lundin Gold Inc has moved above the R1 DeMark pivot point ($5.0225) [Bullish]

Lundin Gold Inc has broken the first DeMark resistance point ($5.0225) [Bullish]. Look for a long limit order entry near this point. Exit price for LUG should be set @$5.045 & Stoploss for Lundin Gold Inc should be set at $4.965

Daily trading has maintained an Uptrend medium trend for Lundin Gold Inc
Medium Trend /
Daily trading has maintained an Uptrend medium trend for Lundin Gold Inc

[BULLISH]: Lundin Gold Inc has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the May 15 2018.

Low Price /
[Bullish]: New low has formed for LUG by 0.4 % during the last trading session

[BEARISH]: Lundin Gold Inc current uptrend in the first timeframe. Currently, the Low is $5 (0.4 %).

Close Tod Vs Close Yest /
The win ratio for price fall in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 0.8x

LUG: Recent performance signals ->(1) 17 May: NEUTRAL (2) 16 May: BULLISH (3) 15 May: NEUTRAL

Simple Moving Average /
LUG: Price continues to move below the SMA(5) @$5.038

LUG: SMA(5) Current Signal -> (1) 17 May: BEARISH (2) 16 May: BEARISH (3) 15 May: BEARISH

Volume Rate of Change /
14-day volume rate of change is increasing for Lundin Gold Inc

[BULLISH]: Lundin Gold Inc currently has positive volume of change of 53%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.8%.

LUG has achieved a lower closing price of $5.01 (-0.8 %)
Closing Price /
LUG has achieved a lower closing price of $5.01 (-0.8 %)

[BEARISH]: Lundin Gold Inc current downtrend in the first timeframe. Currently, the Close is $5.01.

Daily trading has increased the bull power to drive prices for Lundin Gold Inc
Elder Ray Index /
Daily trading has increased the bull power to drive prices for Lundin Gold Inc

[BULLISH]: Lundin Gold Inc Elder Ray Index is signalling a Bullish movementERI is 0.014 indicating bull power. Prices are being driven above the consensus of value for LUG during the last trading session [Buying Pressure]

Aroon Oscillator /
Aroon oscillator for Lundin Gold Inc has signalled a strong uptrend is active

[BULLISH]: Lundin Gold Inc has a current ARU(25) of 80 and a current ARD(25) of 4

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