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Stock Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

TransGlobe Energy Corp (NASDAQ:TGA)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

Open High Low TGA Price Change
1.42 1.47 1.38 1.38 -0.08
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 down The intermediate term trend has been DOWN since May 7th, 2019 at 1.83

short term down The short term trend has been DOWN since Jun 10th, 2019 at 1.50

Smart Scan Analysis for TGA

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

Smart Scan Analysis for TGA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.42 1.47 1.38 1.38 -0.08
Prev. Close Volume Bid Ask Time
1.51 121852 2019-06-14 15:59:55
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
P/E Ratio6.9Beta2.03
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