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Stock Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Torchlight Energy Resources, Inc (NASDAQ:TRCH)

Strong Uptrend (+100) - TRCH is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TRCH continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

NASDAQ_TRCH
Open High Low TRCH Price Change
0.3900 0.5050 0.3711 0.4463 +0.0563
Entry Signal

MarketClub’s Trade Triangles for TRCH

long term up The long-term trend has been UP since Nov 27th, 2020 at 0.419800

intermediate term up The intermediate-term trend has been UP since Nov 23rd, 2020 at 0.300000

short term up The short-term trend has been UP since Nov 16th, 2020 at 0.282376

Smart Scan Analysis for TRCH

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

+100
Smart Scan Analysis for TRCH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3900 0.5050 0.3711 0.4463 +0.0563
Prev. Close Volume Bid Ask Time
0.2768 15765485 2020-12-03 15:59:48
Year High1.48Year High Date2018-06-18
Year Low0.6403Year Low Date2018-11-27
52wk High1.088252wk High Date2020-01-07
52wk Low0.211152wk Low Date2020-09-24
Year End Close2.02Average Volume1,575,239
Shares Outstanding98,278% Institutional32.5
Market Cap75MAssets34,246,575M
Liabilities18,193,106MBeta8.56
Volatility62.04
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