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Stock Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

Turquoise Hill Resources (NYSE:TRQ)

Long-Term Uptrend (+90) - TRQ is in a strong uptrend that is likely to continue. While TRQ is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

Open High Low TRQ Price Change
0.87000 0.87180 0.85500 0.85735 +0.00215
Entry Signal

MarketClub’s Trade Triangles for TRQ

long term up The long-term trend has been UP since May 27th, 2020 at 0.6999

intermediate term up The intermediate-term trend has been UP since May 15th, 2020 at 0.5380

short term up The short-term trend has been UP since Aug 4th, 2020 at 0.8500

Smart Scan Analysis for TRQ

Based on our trend formula, TRQ is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TRQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.87000 0.87180 0.85500 0.85735 +0.00215
Prev. Close Volume Bid Ask Time
0.63000 1516008 2020-08-13 15:59:17
Year High3.59Year High Date2018-01-03
Year Low1.59Year Low Date2018-10-26
52wk High1.352wk High Date2019-06-27
52wk Low0.301152wk Low Date2020-03-18
Year End Close7.61Average Volume2,685,309
Shares Outstanding2,012,314Short Interest31,462,676
% Institutional86.8Market Cap963M
P/E Ratio-11.4Beta2.6
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