Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

TransGlobe Energy Corp (NASDAQ:TGA)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_TGA
Open High Low TGA Price Change
1.45 1.46 1.40 1.42 -0.03
Entry Signal

MarketClub’s Trade Triangles for TGA

long term down The long term trend has been DOWN since Oct 22nd, 2018 at 2.63

intermediate term up The intermediate term trend has been UP since Jul 11th, 2019 at 1.48

short term up The short term trend has been UP since Aug 9th, 2019 at 1.46

Smart Scan Analysis for TGA

Based on a pre-defined weighted trend formula for chart analysis, TGA scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for TGA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.45 1.46 1.40 1.42 -0.03
Prev. Close Volume Bid Ask Time
1.51 32208 2019-08-20 13:44:28
Year High4.13Year High Date2018-07-13
Year Low1.2049Year Low Date2018-03-02
52wk High4.1352wk High Date2018-07-13
52wk Low1.4852wk Low Date2018-12-26
Year End Close9.39Average Volume101,689
Shares Outstanding72,205Short Interest240,951
% Institutional85.9Market Cap109M
Assets318,296,000MLiabilities98,005,000M
P/E Ratio6.9Beta2.03
Volatility118.95
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