Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

Largo Resources Ltd (TSE:LGO)

Bull Market Weakness (+75) - LGO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LGO as it may be in the beginning stages of a reversal.

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

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

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

TSE_LGO
Open High Low LGO Price Change
2.39 2.49 2.32 2.46 +0.30
Entry Signal

MarketClub’s Trade Triangles for LGO

long term down The long-term trend has been DOWN since Mar 23rd, 2023 at 6.50

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 2.27

short term up The short-term trend has been UP since May 21st, 2024 at 2.33

Smart Scan Analysis for LGO

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

+70
Smart Scan Analysis for LGO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.39 2.49 2.32 2.46 +0.30
Prev. Close Volume Bid Ask Time
2.47 267702 2024-05-21 15:59:49
Year High4.65Year High Date2018-11-15
Year Low1.06Year Low Date2018-02-05
52wk High4.6552wk High Date2018-11-15
52wk Low0.8352wk Low Date2017-12-12
Average Volume2,156,215Volatility97.43
Get a free daily analysis and signals for Largo Resources Ltd (LGO) - Request Your Free Report.