Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, February 7, 2023.
Torex Gold Resources Inc (TSE:TXG)
Sidelines Mode (+55) - TXG 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 TXG?
MarketClub looks at technical strength and momentum to determine if the timing is right for TXG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TXG
The long-term trend has been UP since Nov 10th, 2022 at 11.500
The intermediate-term trend has been UP since Nov 8th, 2022 at 10.495
The short-term trend has been DOWN since Feb 2nd, 2023 at 17.830
Smart Scan Analysis for TXG
Based on our trend formula, TXG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.26 | 18.05 | 17.20 | 17.74 | +0.42 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.57 | 288527 | 2023-02-07 15:58:57 |
| Year High | 14.58 | Year High Date | 2018-01-29 |
| Year Low | 7.29 | Year Low Date | 2018-03-28 |
| 52wk High | 14.58 | 52wk High Date | 2018-01-29 |
| 52wk Low | 7.29 | 52wk Low Date | 2018-03-28 |
| Year End Close | 2.2 | Average Volume | 414,189 |
| Volatility | 51.48 |