Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Torchlight Energy Resources, Inc (NASDAQ:TRCH)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_TRCH
Open High Low TRCH Price Change
0.7000 0.7000 0.6400 0.6448 -0.0102
Entry Signal

MarketClub’s Trade Triangles for TRCH

long term down The long term trend has been DOWN since Jun 7th, 2019 at 1.0200

intermediate term down The intermediate term trend has been DOWN since Jan 14th, 2020 at 0.7515

short term up The short term trend has been UP since Jan 21st, 2020 at 0.6800

Smart Scan Analysis for TRCH

Based on a pre-defined weighted trend formula for chart analysis, TRCH scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for TRCH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7000 0.7000 0.6400 0.6448 -0.0102
Prev. Close Volume Bid Ask Time
0.9200 276216 2020-01-21 15:42:39
Year High1.48Year High Date2018-06-18
Year Low0.6403Year Low Date2018-11-27
52wk High1.9852wk High Date2019-02-26
52wk Low0.6852wk Low Date2019-12-10
Year End Close2.02Average Volume149,619
Shares Outstanding74,255% Institutional32.5
Market Cap75MAssets43,536,996M
Liabilities23,719,099MBeta8.56
Volatility62.04
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