Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

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
0.560700 0.560700 0.550000 0.550301 +0.005301
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 Feb 23rd, 2021 at 0.6413

short term down The short-term trend has been DOWN since Mar 22nd, 2021 at 0.6560

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
0.560700 0.560700 0.550000 0.550301 +0.005301
Prev. Close Volume Bid Ask Time
0.545000 564751 2021-05-07 13:09:08
Year High0.68Year High Date2018-04-30
Year Low0.27Year Low Date2018-01-02
52wk High1.9152wk High Date2021-01-29
52wk Low0.552wk Low Date2021-04-16
Year End Close4.41Average Volume1,312,502
Shares Outstanding199,975Short Interest9,231,603
% Institutional33.4Market Cap117M
Assets75,452,000MLiabilities14,295,000M
Beta1.64Volatility52.06
Get a free daily analysis and signals for Tanzanian Gold Corporation (TRX) - Request Your Free Report.