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Stock Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

Tanzanian Gold Corporation (AMEX:TRX)

Countertrend Down (-85) - TRX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid TRX?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

AMEX_TRX
Open High Low TRX Price Change
0.4100 0.4120 0.3980 0.4015 -0.0104
Entry Signal

MarketClub’s Trade Triangles for TRX

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 0.5650

intermediate term down The intermediate-term trend has been DOWN since Oct 6th, 2021 at 0.4521

short term up The short-term trend has been UP since Nov 30th, 2021 at 0.4125

Smart Scan Analysis for TRX

Based on our trend formula, TRX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for TRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4100 0.4120 0.3980 0.4015 -0.0104
Prev. Close Volume Bid Ask Time
0.4100 557801 2021-12-01 15:59:17
Year High0.68Year High Date2018-04-30
Year Low0.27Year Low Date2018-01-02
52wk High1.9152wk High Date2021-01-29
52wk Low0.362752wk Low Date2021-08-19
Year End Close4.41Average Volume560,203
Shares Outstanding199,975Short Interest9,231,603
% Institutional33.4Market Cap117M
Assets68,240,000MLiabilities9,604,000M
P/E Ratio-8.8889Beta1.64
Volatility52.06
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