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Stock Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Torchlight Energy Resources, Inc (NASDAQ:TRCH)
Weak Uptrend (+65) - TRCH is showing signs of weakening momentum to the upside. Monitor TRCH as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for TRCH
The long-term trend has been UP since Nov 27th, 2020 at 0.4198
The intermediate-term trend has been UP since Feb 10th, 2021 at 2.1500
The short-term trend has been DOWN since Mar 4th, 2021 at 2.5100
Smart Scan Analysis for TRCH
Based on our trend formula, TRCH is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
+65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.190 | 2.220 | 1.700 | 2.125 | +0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.140 | 23504484 | 2021-03-05 15:59:56 |
| Year High | 1.48 | Year High Date | 2018-06-18 |
| Year Low | 0.6403 | Year Low Date | 2018-11-27 |
| 52wk High | 4.83 | 52wk High Date | 2021-02-16 |
| 52wk Low | 0.2111 | 52wk Low Date | 2020-09-24 |
| Year End Close | 2.02 | Average Volume | 54,718,828 |
| Shares Outstanding | 99,328 | % Institutional | 32.5 |
| Market Cap | 75M | Assets | 35,973,118M |
| Liabilities | 20,259,983M | Beta | 8.56 |
| Volatility | 62.04 |
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