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Stock Trend Analysis Report

Prepared for you on Thursday, July 7, 2022.

Transglobe Energy Corp (TSE:TGL)

Long-Term Downtrend (-90) - TGL is in a strong downtrend that is likely to continue. While TGL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
4.22 4.36 3.95 4.24 0.00
Entry Signal

MarketClub’s Trade Triangles for TGL

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 4.20

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 5.53

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 4.49

Smart Scan Analysis for TGL

Based on our trend formula, TGL is rated as a -90 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
4.22 4.36 3.95 4.24 0.00
Prev. Close Volume Bid Ask Time
4.25 199774 2022-07-06 15:59:41
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
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