Stock Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
Turquoise Hill Resources Ltd. Ordinary Shares (NYSE:TRQ)
Bull Market Weakness (+75) - TRQ is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TRQ as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TRQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TRQ
The long-term trend has been UP since Dec 13th, 2021 at 16.00
The intermediate-term trend has been DOWN since Apr 19th, 2022 at 29.07
The short-term trend has been UP since May 17th, 2022 at 27.81
Smart Scan Analysis for TRQ
Based on our trend formula, TRQ is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||3.59||Year High Date||2018-01-03|
|Year Low||1.59||Year Low Date||2018-10-26|
|52wk High||30.89||52wk High Date||2022-04-13|
|52wk Low||9.75||52wk Low Date||2021-11-04|
|Year End Close||7.61||Average Volume||1,244,334|
|Shares Outstanding||201,231||Short Interest||31,462,676|
|% Institutional||86.8||Market Cap||963M|