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.
MarketClub’s Trade Triangles for TGL
The long-term trend has been DOWN since Jul 5th, 2022 at 4.20
The intermediate-term trend has been DOWN since Aug 4th, 2022 at 3.89
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).
|Year High||5.45||Year High Date||2018-07-13|
|Year Low||1.55||Year Low Date||2018-03-02|
|52wk High||5.45||52wk High Date||2018-07-13|
|52wk Low||1.55||52wk Low Date||2018-03-02|
|Year End Close||9.33||Average Volume||112,850|