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.
MarketClub’s Trade Triangles for TXG
The long-term trend has been DOWN since Jul 5th, 2023 at 17.59
The intermediate-term trend has been UP since Nov 28th, 2023 at 14.35
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).
|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|