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Stock Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Tanzanian Gold Corporation (AMEX:TRX)

Strong Downtrend (-100) - TRX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.6275 0.6300 0.6025 0.6100 -0.0175
Entry Signal

MarketClub’s Trade Triangles for TRX

long term down The long-term trend has been DOWN since Sep 21st, 2020 at 0.6950

intermediate term down The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 0.6052

short term down The short-term trend has been DOWN since Dec 4th, 2020 at 0.6199

Smart Scan Analysis for TRX

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

-100
Smart Scan Analysis for TRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6275 0.6300 0.6025 0.6100 -0.0175
Prev. Close Volume Bid Ask Time
0.6425 151235 2020-12-04 12:58:46
Year High0.68Year High Date2018-04-30
Year Low0.27Year Low Date2018-01-02
52wk High1.0952wk High Date2020-07-09
52wk Low0.3652wk Low Date2020-03-16
Year End Close4.41Average Volume268,172
Shares Outstanding150,392Short Interest9,231,603
% Institutional33.4Market Cap117M
Assets38,118,925MLiabilities19,036,651M
Beta1.64Volatility52.06
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