Stock Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
Turquoise Hill Resources Ltd. Ordinary Shares (NYSE:TRQ)
Sidelines Mode (-55) - TRQ is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Jul 16th, 2021 at 15.64
The intermediate-term trend has been UP since Nov 19th, 2021 at 13.73
The short-term trend has been DOWN since Dec 2nd, 2021 at 14.47
Smart Scan Analysis for TRQ
Based on our trend formula, TRQ is rated as a -55 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||21.89||52wk High Date||2021-05-10|
|52wk Low||9.75||52wk Low Date||2021-11-04|
|Year End Close||7.61||Average Volume||1,326,519|
|Shares Outstanding||201,231||Short Interest||31,462,676|
|% Institutional||86.8||Market Cap||963M|