Stock Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Teranga Gold Corp (TSE:TGZ)
Sidelines Mode (+55) - TGZ 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 TGZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for TGZ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TGZ
The long-term trend has been UP since Apr 9th, 2020 at 8.85
The intermediate-term trend has been UP since Apr 7th, 2020 at 7.88
The short-term trend has been DOWN since May 26th, 2020 at 10.72
Smart Scan Analysis for TGZ
Based on our trend formula, TGZ is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||5.63||Year High Date||2018-06-14|
|Year Low||2.85||Year Low Date||2018-01-09|
|52wk High||5.63||52wk High Date||2018-06-14|
|52wk Low||2.38||52wk Low Date||2017-12-12|
|Year End Close||2.26||Average Volume||100,784|