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Stock Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

TransGlobe Energy Corporation - Common Shares (NASDAQ:TGA)

Long-Term Downtrend (-90) - TGA is in a strong downtrend that is likely to continue. While TGA is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_TGA
Open High Low TGA Price Change
3.380 3.380 3.140 3.255 -0.245
Entry Signal

MarketClub’s Trade Triangles for TGA

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 3.230

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 4.285

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 3.480

Smart Scan Analysis for TGA

Based on our trend formula, TGA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TGA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.380 3.380 3.140 3.255 -0.245
Prev. Close Volume Bid Ask Time
3.260 1005351 2022-07-05 15:59:46
Year High4.13Year High Date2018-07-13
Year Low1.2049Year Low Date2018-03-02
52wk High5.552wk High Date2022-06-08
52wk Low1.471552wk Low Date2021-08-20
Year End Close9.39Average Volume1,481,971
Shares Outstanding72,205Short Interest240,951
% Institutional85.9Market Cap107M
Assets323,663,000MLiabilities103,465,000M
P/E Ratio2.5547Beta2.03
Volatility118.95
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