Stock Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
Torex Gold Resources Inc (TSE:TXG)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for TXG
The long term trend has been UP since Oct 11th, 2018 at 12.20
The intermediate term trend has been UP since Dec 17th, 2018 at 12.09
The short term trend has been DOWN since Jan 16th, 2019 at 13.40
Smart Scan Analysis for TXG
Based on a pre-defined weighted trend formula for chart analysis, TXG scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||14.58||Year High Date||2018-01-29|
|Year Low||7.29||Year Low Date||2018-03-28|
|52wk High||14.58||52wk High Date||2018-01-29|
|52wk Low||7.29||52wk Low Date||2018-03-28|
|Year End Close||2.2||Average Volume||414,189|