Stock Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
TransGlobe Energy Corporation - Common Shares (NASDAQ:TGA)
Weak Downtrend (-65) - TGA is showing signs of a strengthening downtrend. Monitor TGA as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for TGA
The long-term trend has been UP since Dec 3rd, 2020 at 0.58
The intermediate-term trend has been DOWN since Apr 7th, 2021 at 1.45
The short-term trend has been DOWN since Apr 20th, 2021 at 1.49
Smart Scan Analysis for TGA
Based on our trend formula, TGA is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||4.13||Year High Date||2018-07-13|
|Year Low||1.2049||Year Low Date||2018-03-02|
|52wk High||1.94||52wk High Date||2021-03-15|
|52wk Low||0.3681||52wk Low Date||2020-10-30|
|Year End Close||9.39||Average Volume||238,273|
|Shares Outstanding||72,205||Short Interest||240,951|
|% Institutional||85.9||Market Cap||107M|