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Stock Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

Torchlight Energy Resources, Inc (NASDAQ:TRCH)

Weak Downtrend (-65) - TRCH is showing signs of a strengthening downtrend. Monitor TRCH as it may be building momentum to the downside.

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

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

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

NASDAQ_TRCH
Open High Low TRCH Price Change
1.8500 1.8600 1.6700 1.6886 -0.1614
Entry Signal

MarketClub’s Trade Triangles for TRCH

long term up The long-term trend has been UP since Nov 27th, 2020 at 0.4198

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2021 at 1.7800

short term down The short-term trend has been DOWN since Apr 6th, 2021 at 1.7700

Smart Scan Analysis for TRCH

Based on our trend formula, TRCH is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TRCH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8500 1.8600 1.6700 1.6886 -0.1614
Prev. Close Volume Bid Ask Time
1.8500 4594508 2021-04-12 13:48:17
Year High1.48Year High Date2018-06-18
Year Low0.6403Year Low Date2018-11-27
52wk High4.8352wk High Date2021-02-16
52wk Low0.211152wk Low Date2020-09-24
Year End Close2.02Average Volume11,997,854
Shares Outstanding145,314% Institutional32.5
Market Cap75MAssets32,396,904M
Liabilities19,753,486MBeta8.56
Volatility62.04
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