Technical Analysis for TXG - Torex Gold Resources Inc.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| A | 20.510 | 3.17% | 0.630 |
Earnings due: May 8
*** please verify all earnings dates ***| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| NR7 | Range Contraction | 3.17% | |
| Multiple of Ten Bearish | Other | 3.17% | |
| Inside Day | Range Contraction | 3.17% | |
| Multiple of Ten Bearish | Other | 3.80% | |
| 20 DMA Support | Bullish | 5.29% | |
| Inside Day | Range Contraction | 5.29% | |
| Down 3 Days in a Row | Weakness | 5.29% | |
| Down 4 Days in a Row | Weakness | 5.29% | |
| Down 5 Days in a Row | Weakness | 5.29% | |
| Gapped Down | Weakness | 5.29% |
| Alert | Time |
|---|---|
| Upper Bollinger Band Resistance | about 2 hours ago |
| Up 1 ATR | about 2 hours ago |
| Up 3% | about 4 hours ago |
| Up 2% | about 5 hours ago |
| Rose Above Previous Day's High | about 5 hours ago |
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- Earnings date: 2024-05-08
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
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 25.4 |
| 52 Week Low | 12.4 |
| Average Volume | 297,931 |
| 200-Day Moving Average | 15.451 |
| 50-Day Moving Average | 17.060 |
| 20-Day Moving Average | 19.416 |
| 10-Day Moving Average | 19.747 |
| Average True Range | 0.788 |
| RSI (14) | 64.03 |
| ADX | 42.78 |
| +DI | 28.159 |
| -DI | 12.007 |
| Chandelier Exit (Long, 3 ATRs) | 18.445 |
| Chandelier Exit (Short, 3 ATRs) | 20.050 |
| Upper Bollinger Bands | 20.699 |
| Lower Bollinger Band | 18.132 |
| Percent B (%b) | 0.68 |
| BandWidth | 13.223 |
| MACD Line | 0.699 |
| MACD Signal Line | 0.848 |
| MACD Histogram | -0.1494 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 20.600 | ||||
| Resistance 3 (R3) | 20.573 | 20.307 | 20.480 | ||
| Resistance 2 (R2) | 20.307 | 20.123 | 20.320 | 20.440 | |
| Resistance 1 (R1) | 20.093 | 20.010 | 19.960 | 20.120 | 20.400 |
| Pivot Point | 19.827 | 19.827 | 19.760 | 19.840 | 19.827 |
| Support 1 (S1) | 19.613 | 19.643 | 19.480 | 19.640 | 19.360 |
| Support 2 (S2) | 19.347 | 19.530 | 19.360 | 19.320 | |
| Support 3 (S3) | 19.133 | 19.347 | 19.280 | ||
| Support 4 (S4) | 19.160 |
