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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Largo Resources Ltd (TSE:LGO)
Sidelines Mode (-55) - LGO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid LGO?
MarketClub looks at technical strength and momentum to determine if the timing is right for LGO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for LGO
The long-term trend has been DOWN since Mar 23rd, 2023 at 6.50
The intermediate-term trend has been UP since May 3rd, 2024 at 2.27
The short-term trend has been DOWN since May 8th, 2024 at 2.20
Smart Scan Analysis for LGO
Based on our trend formula, LGO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.18 | 2.30 | 2.11 | 2.14 | -0.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.12 | 40580 | 2024-05-08 15:59:35 |
| Year High | 4.65 | Year High Date | 2018-11-15 |
| Year Low | 1.06 | Year Low Date | 2018-02-05 |
| 52wk High | 4.65 | 52wk High Date | 2018-11-15 |
| 52wk Low | 0.83 | 52wk Low Date | 2017-12-12 |
| Average Volume | 2,156,215 | Volatility | 97.43 |