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Stock Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

TransGlobe Energy Corp (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.

Open High Low TGA Price Change
0.6400 0.6724 0.6106 0.6721 +0.0792
Entry Signal

MarketClub’s Trade Triangles for TGA

long term down The long-term trend has been DOWN since Oct 2nd, 2019 at 1.2900

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2020 at 0.5073

short term up The short-term trend has been UP since Jun 3rd, 2020 at 0.5584

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).

Smart Scan Analysis for TGA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6400 0.6724 0.6106 0.6721 +0.0792
Prev. Close Volume Bid Ask Time
0.3600 420747 2020-06-05 15:57:48
Year High4.13Year High Date2018-07-13
Year Low1.2049Year Low Date2018-03-02
52wk High2.0152wk High Date2019-04-23
52wk Low0.3252wk Low Date2020-03-19
Year End Close9.39Average Volume265,630
Shares Outstanding72,205Short Interest240,951
% Institutional85.9Market Cap107M
P/E Ratio1.4Beta2.03
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