Stock Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
Tanzanian Royalty Expn Corp (TSE:TNX)
Long-Term Downtrend (-90) - TNX is in a strong downtrend that is likely to continue. While TNX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TNX?
MarketClub looks at technical strength and momentum to determine if the timing is right for TNX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TNX
The long-term trend has been DOWN since Apr 14th, 2021 at 0.70
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 0.81
The short-term trend has been DOWN since Apr 28th, 2021 at 0.68
Smart Scan Analysis for TNX
Based on our trend formula, TNX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.89||Year High Date||2018-05-08|
|Year Low||0.365||Year Low Date||2018-01-02|
|52wk High||0.89||52wk High Date||2018-05-08|
|52wk Low||0.31||52wk Low Date||2017-12-21|
|Year End Close||4.34||Average Volume||8,254|