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.
MarketClub’s Trade Triangles for TRQ
The long-term trend has been UP since May 27th, 2020 at 0.6999
The intermediate-term trend has been UP since May 15th, 2020 at 0.5380
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).
|Year High||3.59||Year High Date||2018-01-03|
|Year Low||1.59||Year Low Date||2018-10-26|
|52wk High||1.3||52wk High Date||2019-06-27|
|52wk Low||0.3011||52wk Low Date||2020-03-18|
|Year End Close||7.61||Average Volume||2,685,309|
|Shares Outstanding||2,012,314||Short Interest||31,462,676|
|% Institutional||86.8||Market Cap||963M|