Technical Analysis for TXG - Torex Gold Resources Inc.

Grade Last Price % Change Price Change
grade A 22.34 0.22% 0.050
TXG closed up 0.22 percent on Thursday, July 9, 2020, on 85 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical TXG trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
New 52 Week Closing High Bullish 0.22%
New Uptrend Bullish 0.22%
Doji - Bearish? Reversal 0.22%

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Profile

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.
Minaurum Gold Subdivisions Of Mexico 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 22.9
52 Week Low 8.79
Average Volume 478,795
200-Day Moving Average 18.126
50-Day Moving Average 19.266
20-Day Moving Average 19.800
10-Day Moving Average 21.290
Average True Range 0.922
ADX 28.16
+DI 34.583
-DI 10.022
Chandelier Exit (Long, 3 ATRs ) 20.133
Chandelier Exit (Short, 3 ATRs ) 19.147
Upper Bollinger Band 23.159
Lower Bollinger Band 16.441
Percent B (%b) 0.88
BandWidth 33.933
MACD Line 1.025
MACD Signal Line 0.735
MACD Histogram 0.2904
Fundamentals Value
Market Cap 1.78 Billion
Num Shares 79.6 Million
EPS 0.60
Price-to-Earnings (P/E) Ratio 37.23
Price-to-Sales 3.73
Price-to-Book 2.03
PEG Ratio 0.11
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.540
Resistance 3 (R3) 23.593 23.247 23.340
Resistance 2 (R2) 23.247 22.941 23.220 23.273
Resistance 1 (R1) 22.793 22.752 22.620 22.740 23.207
Pivot Point 22.447 22.447 22.360 22.420 22.447
Support 1 (S1) 21.993 22.141 21.820 21.940 21.473
Support 2 (S2) 21.647 21.952 21.620 21.407
Support 3 (S3) 21.193 21.647 21.340
Support 4 (S4) 21.140