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Stock Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Torchlight Energy Resources, Inc (NASDAQ:TRCH)

Countertrend Down (-85) - TRCH is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.3923 0.3910 0.3223 0.3514 -0.0416
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 Mar 9th, 2020 at 0.5700

short term up The short-term trend has been UP since Mar 31st, 2020 at 0.4401

Smart Scan Analysis for TRCH

Based on our trend formula, TRCH is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for TRCH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3923 0.3910 0.3223 0.3514 -0.0416
Prev. Close Volume Bid Ask Time
0.3860 137321 2020-04-01 14:20:54
Year High1.48Year High Date2018-06-18
Year Low0.6403Year Low Date2018-11-27
52wk High1.96152wk High Date2019-04-12
52wk Low0.352wk Low Date2020-03-19
Year End Close2.02Average Volume273,132
Shares Outstanding79,968% Institutional32.5
Market Cap75MAssets40,924,135M
Liabilities25,857,739MBeta8.56
Volatility62.04
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