Stock Trend Analysis Report
Prepared for you on Sunday, January 16, 2022.
Turquoise Hill Resources Ltd (TSE: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 Dec 13th, 2021 at 20.13
The intermediate-term trend has been UP since Nov 17th, 2021 at 16.98
The short-term trend has been UP since Jan 12th, 2022 at 20.37
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||4.52||Year High Date||2018-01-15|
|Year Low||2.09||Year Low Date||2018-10-26|
|52wk High||4.52||52wk High Date||2018-01-15|
|52wk Low||2.09||52wk Low Date||2018-10-26|
|Year End Close||7.6||Average Volume||1,058,785|