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Stock Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

TransGlobe Energy Corporation - Common Shares (NASDAQ:TGA)

Countertrend Down (-85) - TGA is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
3.250 3.370 3.185 3.195 -0.005
Entry Signal

MarketClub’s Trade Triangles for TGA

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 3.230

intermediate term down The intermediate-term trend has been DOWN since Aug 5th, 2022 at 2.970

short term up The short-term trend has been UP since Aug 9th, 2022 at 3.245

Smart Scan Analysis for TGA

Based on our trend formula, TGA is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for TGA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.250 3.370 3.185 3.195 -0.005
Prev. Close Volume Bid Ask Time
3.200 635799 2022-08-09 12:44:02
Year High4.13Year High Date2018-07-13
Year Low1.2049Year Low Date2018-03-02
52wk High5.552wk High Date2022-06-08
52wk Low1.471552wk Low Date2021-08-20
Year End Close9.39Average Volume1,463,325
Shares Outstanding72,205Short Interest240,951
% Institutional85.9Market Cap107M
Assets323,663,000MLiabilities103,465,000M
P/E Ratio2.3358Beta2.03
Volatility118.95
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