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Stock Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Transglobe Energy Corp (TSE:TGL)

Sidelines Mode (-55) - TGL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

TSE_TGL
Open High Low TGL Price Change
4.290 4.490 4.290 4.485 +0.235
Entry Signal

MarketClub’s Trade Triangles for TGL

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 4.20

intermediate term down The intermediate-term trend has been DOWN since Aug 4th, 2022 at 3.89

short term up The short-term trend has been UP since Aug 9th, 2022 at 4.18

Smart Scan Analysis for TGL

Based on our trend formula, TGL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for TGL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.290 4.490 4.290 4.485 +0.235
Prev. Close Volume Bid Ask Time
4.500 57178 2022-08-18 15:59:29
Year High5.45Year High Date2018-07-13
Year Low1.55Year Low Date2018-03-02
52wk High5.4552wk High Date2018-07-13
52wk Low1.5552wk Low Date2018-03-02
Year End Close9.33Average Volume112,850
Volatility116.45
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