Stock Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Turquoise Hill Resources (NYSE:TRQ)
Strong Downtrend (-100) - TRQ is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TRQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TRQ
The long-term trend has been DOWN since Mar 9th, 2020 at 0.45200
The intermediate-term trend has been DOWN since Jan 24th, 2020 at 0.66000
The short-term trend has been DOWN since Mar 30th, 2020 at 0.37011
Smart Scan Analysis for TRQ
Based on our trend formula, TRQ is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||3.59||Year High Date||2018-01-03|
|Year Low||1.59||Year Low Date||2018-10-26|
|52wk High||1.77||52wk High Date||2019-04-05|
|52wk Low||0.3011||52wk Low Date||2020-03-18|
|Year End Close||7.61||Average Volume||2,501,370|
|Shares Outstanding||2,012,314||Short Interest||31,462,676|
|% Institutional||86.8||Market Cap||963M|