TRX GOLD CORP (TRX) Stock Technical Analysis
NYSEARCA:TRX - NYSE Arca - CA87283P1099 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to TRX. TRX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TRX is a bad performer in the overall market: 74% of all stocks are doing better.
TRX is part of the Metals & Mining industry. There are 150 other stocks in this industry, of which 63% are performing better than TRX.
TRX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TRX has a been trading in the 0.30 - 0.34 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, TRX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.32, a Stop Loss order could be placed below this zone.
More info and screens
0.32
0.43
We found 1 important support area.
- A support zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.37 to 0.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.42 from a trend line in the weekly time frame.
- Resistance @0.43 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.73
Mansfield-2.39
10 Day High0.33
10 Day Low0.31
20 Day High0.34
20 Day Low0.3
52 Week High0.49
52 Week Low0.28
Performance
1 Week2.12%
2 Weeks0.62%
1 Month2.16%
3 Month-9.24%
6 Month-19.24%
12 Month-1.83%
2 Year-18.25%
3 Year-20.27%
5 Year-34.62%
10 Year-41.62%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)54.11
LBB0.31
UBB0.33
NYSEARCA:TRX (2/21/2025, 11:31:00 AM)
0.3196
-0.01 (-3.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.15%
1 Week2.12%
2 Weeks0.62%
1 Month2.16%
3 Month-9.24%
6 Month-19.24%
12 Month-1.83%
2 Year-18.25%
3 Year-20.27%
5 Year-34.62%
10 Year-41.62%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%3.66%
ATR Inc-21.59%
Range Today0.01
ADR(20)0.01
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.73
Mansfield-2.39
10 Day High0.33
10 Day Low0.31
20 Day High0.34
20 Day Low0.3
52 Week High0.49
52 Week Low0.28
CS1 End0.32
CR1 Start0.34
Volume & EV
DER(3)1.18%
DER(5)-3.13%
Volume107.46K
Volume Incr-14.76%
Vol(5)381.50K
Vol(50)497.84K