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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

TRX Gold Corporation (AMEX:TRX)

Bull Market Weakness (+75) - TRX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TRX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid TRX?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

AMEX_TRX
Open High Low TRX Price Change
0.3800 0.3900 0.3800 0.3887 +0.0045
Entry Signal

MarketClub’s Trade Triangles for TRX

long term down The long-term trend has been DOWN since Jul 27th, 2023 at 0.4015

intermediate term up The intermediate-term trend has been UP since Feb 13th, 2024 at 0.3660

short term up The short-term trend has been UP since Mar 28th, 2024 at 0.3870

Smart Scan Analysis for TRX

Based on our trend formula, TRX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for TRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3800 0.3900 0.3800 0.3887 +0.0045
Prev. Close Volume Bid Ask Time
0.3887 283737 2024-03-28 15:58:41
Year High0.68Year High Date2018-04-30
Year Low0.27Year Low Date2018-01-02
52wk High0.59752wk High Date2023-05-08
52wk Low0.314952wk Low Date2024-02-14
Year End Close4.41Average Volume253,863
Shares Outstanding254,871Short Interest9,231,603
% Institutional33.4Market Cap117M
Assets87,063,000MLiabilities33,611,000M
P/E Ratio38.87Beta1.64
Volatility52.06
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