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Stock Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

TransGlobe Energy Corporation - Common Shares (NASDAQ:TGA)

Bull Market Weakness (+75) - TGA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TGA as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid TGA?

MarketClub looks at technical strength and momentum to determine if the timing is right for TGA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_TGA
Open High Low TGA Price Change
2.6200 2.7227 2.5518 2.5700 -0.0400
Entry Signal

MarketClub’s Trade Triangles for TGA

long term up The long-term trend has been UP since Dec 3rd, 2020 at 0.58

intermediate term up The intermediate-term trend has been UP since Aug 24th, 2021 at 1.78

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 2.81

Smart Scan Analysis for TGA

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

+75
Smart Scan Analysis for TGA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6200 2.7227 2.5518 2.5700 -0.0400
Prev. Close Volume Bid Ask Time
2.5700 832999 2021-10-18 15:59:50
Year High4.13Year High Date2018-07-13
Year Low1.2049Year Low Date2018-03-02
52wk High3.4252wk High Date2021-10-11
52wk Low0.368152wk Low Date2020-10-30
Year End Close9.39Average Volume808,255
Shares Outstanding72,205Short Interest240,951
% Institutional85.9Market Cap107M
Assets197,150,000MLiabilities69,386,000M
Beta2.03Volatility118.95
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