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Stock Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

TRX Gold Corporation (AMEX:TRX)

Bear Market Rally (-75) - TRX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TRX as it may be in the beginning 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.

Open High Low TRX Price Change
0.393100 0.393100 0.380200 0.384451 -0.006749
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 Nov 28th, 2023 at 0.4033

short term down The short-term trend has been DOWN since Dec 5th, 2023 at 0.3972

Smart Scan Analysis for TRX

Based on our trend formula, TRX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.393100 0.393100 0.380200 0.384451 -0.006749
Prev. Close Volume Bid Ask Time
0.391200 160529 2023-12-08 14:27:43
Year High0.68Year High Date2018-04-30
Year Low0.27Year Low Date2018-01-02
52wk High0.59752wk High Date2023-05-08
52wk Low0.3152wk Low Date2022-12-14
Year End Close4.41Average Volume306,290
Shares Outstanding254,871Short Interest9,231,603
% Institutional33.4Market Cap117M
P/E Ratio39.12Beta1.64
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