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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.
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MarketClub’s Trade Triangles for TRCH
The long-term trend has been UP since Nov 27th, 2020 at 0.419800
The intermediate-term trend has been UP since Nov 23rd, 2020 at 0.300000
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).
| 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 High | 1.48 | Year High Date | 2018-06-18 |
| Year Low | 0.6403 | Year Low Date | 2018-11-27 |
| 52wk High | 1.0882 | 52wk High Date | 2020-01-07 |
| 52wk Low | 0.2111 | 52wk Low Date | 2020-09-24 |
| Year End Close | 2.02 | Average Volume | 1,575,239 |
| Shares Outstanding | 98,278 | % Institutional | 32.5 |
| Market Cap | 75M | Assets | 34,246,575M |
| Liabilities | 18,193,106M | Beta | 8.56 |
| Volatility | 62.04 |