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.
MarketClub’s Trade Triangles for TGL
The long-term trend has been UP since Dec 3rd, 2020 at 0.72
The intermediate-term trend has been UP since Aug 23rd, 2021 at 2.22
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).
|Year High||5.45||Year High Date||2018-07-13|
|Year Low||1.55||Year Low Date||2018-03-02|
|52wk High||5.45||52wk High Date||2018-07-13|
|52wk Low||1.55||52wk Low Date||2018-03-02|
|Year End Close||9.33||Average Volume||112,850|