Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Transglobe Energy Corp (TSE:TGL)

Countertrend Up (+85) - TGL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid TGL?

MarketClub looks at technical strength and momentum to determine if the timing is right for TGL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low TGL Price Change
3.25 3.25 3.01 3.13 -0.05
Entry Signal

MarketClub’s Trade Triangles for TGL

long term up The long-term trend has been UP since Dec 3rd, 2020 at 0.72

intermediate term up The intermediate-term trend has been UP since Aug 23rd, 2021 at 2.22

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 3.50

Smart Scan Analysis for TGL

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

Smart Scan Analysis for TGL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.25 3.25 3.01 3.13 -0.05
Prev. Close Volume Bid Ask Time
3.18 70733 2021-10-19 14:53:03
Year High5.45Year High Date2018-07-13
Year Low1.55Year Low Date2018-03-02
52wk High5.4552wk High Date2018-07-13
52wk Low1.5552wk Low Date2018-03-02
Year End Close9.33Average Volume112,850
Get a free daily analysis and signals for Transglobe Energy Corp (TGL) - Request Your Free Report.