Technical Analysis for TXG - Torex Gold Resources Inc.

Grade Last Price % Change Price Change
B 29.450 2.72% 0.780
TXG closed up 3.88 percent on Monday, November 18, 2024, on 74 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 2.72%
Doji - Bearish? Reversal 2.72%
Gapped Up Strength 2.72%
Fell Below 50 DMA Bearish 6.70%
MACD Bearish Centerline Cross Bearish 6.70%
180 Bearish Setup Bearish Swing Setup 6.70%
Lower Bollinger Band Walk Weakness 6.70%
Crossed Above 50 DMA Bullish 5.71%
Lower Bollinger Band Walk Weakness 5.71%
Gapped Down Weakness 5.71%

   Recent Intraday Alerts

Alert Time
Up 3% about 1 hour ago
Rose Above 20 DMA about 2 hours ago
Possible NR7 about 2 hours ago
Gap Up Closed about 5 hours ago
Reversed from Up about 5 hours ago

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Profile

Torex Gold Resources Inc. Description

Torex Gold Resources Inc. is a Canada-based resource company. The Company operates through the segment of exploration and development of mineral properties in Mexico. It is engaged in the exploration, development and operation of the Morelos Gold Property. The Morelos Gold Property includes a land package of over 29,000 hectares and contains over two assets, the ELG Mine, which is in the production-stage, and the Media Luna Project, which is in an advanced-stage of exploration. The Morelos Gold Property is located in the Guerrero Gold Belt in southern Mexico, approximately 180 kilometers to the southwest of Mexico City and approximately 50 kilometers southwest of Iguala. The Guerrero Gold Belt contains various gold deposits and prospects, including Los Filos Mine, located approximately 14 kilometers southeast of the ELG Mine of the Morelos Gold Property. The Morelos Gold Property consists of over seven mineral concessions covering a total area of approximately 29,000 hectares.


Classification

Sector: Basic Materials
Industry: Gold
Keywords: Mineral Gold Mineral Properties Media Minaurum Gold Guerrero Gold Belt Los Filos Mine

Is TXG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 32.1
52 Week Low 12.77
Average Volume 248,114
200-Day Moving Average 21.991
50-Day Moving Average 27.843
20-Day Moving Average 29.449
10-Day Moving Average 28.639
Average True Range 1.299
RSI (14) 50.00
ADX 20.97
+DI 21.867
-DI 23.317
Chandelier Exit (Long, 3 ATRs) 28.202
Chandelier Exit (Short, 3 ATRs) 30.468
Upper Bollinger Bands 31.705
Lower Bollinger Band 27.192
Percent B (%b) 0.33
BandWidth 15.322
MACD Line -0.044
MACD Signal Line 0.293
MACD Histogram -0.3368
Fundamentals Value
Market Cap 2.45 Billion
Num Shares 85.5 Million
EPS 0.59
Price-to-Earnings (P/E) Ratio 48.35
Price-to-Sales 1.83
Price-to-Book 1.57
PEG Ratio 0.12
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.260
Resistance 3 (R3) 30.310 29.830 29.995
Resistance 2 (R2) 29.830 29.425 29.805 29.907
Resistance 1 (R1) 29.250 29.175 29.010 29.200 29.818
Pivot Point 28.770 28.770 28.650 28.745 28.770
Support 1 (S1) 28.190 28.365 27.950 28.140 27.522
Support 2 (S2) 27.710 28.115 27.685 27.433
Support 3 (S3) 27.130 27.710 27.345
Support 4 (S4) 27.080