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Stock Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Tanzanian Gold Corporation (AMEX:TRX)

Weak Downtrend (-65) - TRX is showing signs of a strengthening downtrend. Monitor TRX as it may be building momentum to the downside.

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
0.4500 0.4805 0.4500 0.4770 +0.0259
Entry Signal

MarketClub’s Trade Triangles for TRX

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 0.5650

intermediate term down The intermediate-term trend has been DOWN since Oct 6th, 2021 at 0.4521

short term down The short-term trend has been DOWN since Oct 28th, 2021 at 0.4509

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
0.4500 0.4805 0.4500 0.4770 +0.0259
Prev. Close Volume Bid Ask Time
0.4511 569304 2021-10-28 14:01:27
Year High0.68Year High Date2018-04-30
Year Low0.27Year Low Date2018-01-02
52wk High1.9152wk High Date2021-01-29
52wk Low0.362752wk Low Date2021-08-19
Year End Close4.41Average Volume486,116
Shares Outstanding199,975Short Interest9,231,603
% Institutional33.4Market Cap117M
Assets68,240,000MLiabilities9,604,000M
P/E Ratio-8.8889Beta1.64
Volatility52.06
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