Free Daily Analysis
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.
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MarketClub’s Trade Triangles for TRX
The long-term trend has been DOWN since Jul 27th, 2023 at 0.4015
The intermediate-term trend has been UP since Nov 28th, 2023 at 0.4033
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).
| 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 High | 0.68 | Year High Date | 2018-04-30 |
| Year Low | 0.27 | Year Low Date | 2018-01-02 |
| 52wk High | 0.597 | 52wk High Date | 2023-05-08 |
| 52wk Low | 0.31 | 52wk Low Date | 2022-12-14 |
| Year End Close | 4.41 | Average Volume | 306,290 |
| Shares Outstanding | 254,871 | Short Interest | 9,231,603 |
| % Institutional | 33.4 | Market Cap | 117M |
| Assets | 79,384,000M | Liabilities | 26,786,000M |
| P/E Ratio | 39.12 | Beta | 1.64 |
| Volatility | 52.06 |