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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Torex Gold Resources Inc (TSE:TXG)

Bull Market Weakness (+75) - TXG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TXG as it may be in the beginning stages of a reversal.

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.

TSE_TXG
Open High Low TXG Price Change
29.010 29.760 28.530 29.545 +0.875
Entry Signal

MarketClub’s Trade Triangles for TXG

long term up The long-term trend has been UP since Dec 22nd, 2023 at 16.22

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2024 at 28.81

short term up The short-term trend has been UP since Nov 15th, 2024 at 28.39

Smart Scan Analysis for TXG

Based on our trend formula, TXG is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for TXG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.010 29.760 28.530 29.545 +0.875
Prev. Close Volume Bid Ask Time
29.510 256311 2024-11-19 15:59:30
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
Volatility51.48
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