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.

TSE_TXG
Open High Low TXG Price Change
17.26 18.05 17.20 17.74 +0.42
Entry Signal

MarketClub’s Trade Triangles for TXG

long term up The long-term trend has been UP since Nov 10th, 2022 at 11.500

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2022 at 10.495

short term down 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).

+55
Smart Scan Analysis for TXG
Strong Downtrend Sideways 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 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
Get a free daily analysis and signals for Torex Gold Resources Inc (TXG) - Request Your Free Report.