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Stock Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

Torchlight Energy Resources, Inc (NASDAQ:TRCH)

Crossroads (-60) - TRCH is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.4000 0.4198 0.3210 0.3244 +0.0144
Entry Signal

MarketClub’s Trade Triangles for TRCH

long term down The long-term trend has been DOWN since Jun 7th, 2019 at 1.0200

intermediate term up The intermediate-term trend has been UP since Aug 13th, 2020 at 0.4190

short term up The short-term trend has been UP since Aug 13th, 2020 at 0.3194

Smart Scan Analysis for TRCH

Based on our trend formula, TRCH is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for TRCH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4000 0.4198 0.3210 0.3244 +0.0144
Prev. Close Volume Bid Ask Time
0.3915 6813105 2020-08-13 15:59:14
Year High1.48Year High Date2018-06-18
Year Low0.6403Year Low Date2018-11-27
52wk High1.8652wk High Date2019-07-17
52wk Low0.284152wk Low Date2020-05-14
Year End Close2.02Average Volume1,084,603
Shares Outstanding86,216% Institutional32.5
Market Cap75MAssets34,391,275M
Liabilities20,048,474MBeta8.56
Volatility62.04
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