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Stock Trend Analysis Report

Prepared for you on Saturday, December 9, 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.

Open High Low TXG Price Change
13.61 14.13 13.61 13.89 -0.06
Entry Signal

MarketClub’s Trade Triangles for TXG

long term down The long-term trend has been DOWN since Jul 5th, 2023 at 17.59

intermediate term up The intermediate-term trend has been UP since Nov 28th, 2023 at 14.35

short term down The short-term trend has been DOWN since Dec 5th, 2023 at 14.41

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).

Smart Scan Analysis for TXG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.61 14.13 13.61 13.89 -0.06
Prev. Close Volume Bid Ask Time
13.86 182338 2023-12-08 15:59:08
Year High14.58Year High Date2018-01-29
Year Low7.29Year Low Date2018-03-28
52wk High14.5852wk High Date2018-01-29
52wk Low7.2952wk Low Date2018-03-28
Year End Close2.2Average Volume414,189
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