Stock Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Torex Gold Resources Inc (TSE:TXG)
Bear Market Rally (-75) - TXG is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TXG as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid TXG?
MarketClub looks at technical strength and momentum to determine if the timing is right for TXG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TXG
The long-term trend has been DOWN since Oct 28th, 2020 at 18.39
The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 17.96
The short-term trend has been UP since Nov 27th, 2020 at 17.89
Smart Scan Analysis for TXG
Based on our trend formula, TXG is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||14.58||Year High Date||2018-01-29|
|Year Low||7.29||Year Low Date||2018-03-28|
|52wk High||14.58||52wk High Date||2018-01-29|
|52wk Low||7.29||52wk Low Date||2018-03-28|
|Year End Close||2.2||Average Volume||414,189|