TRUSTBIX INC (TBIX.CA) Stock Technical Analysis
TSX-V:TBIX - TSX Venture Exchange - CA89835T1003 - Common Stock - Currency: CAD
Overall TBIX gets a technical rating of 5 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
TBIX is part of the Software industry. There are 63 other stocks in this industry. TBIX outperforms 75% of them.
When comparing the yearly performance of all stocks, we notice that TBIX is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
TBIX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TBIX is lagging the market.
In the last month TBIX has a been trading in the 0.03 - 0.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TBIX has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.01
0.04
When analyzing the support we can see 2 important areas.
- Support @0.02 from a trend line in the daily time frame.
- Support @0.01 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TBIX.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TBIX.CA is neutral. |
| ChartMill Relative Strength | 85.42 | POSITIVE | TBIX.CA has a high relative strength, it outperformed 85.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TBIX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TBIX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TBIX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.43 | NEUTRAL | The RSI value for TBIX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TBIX.CA has a negative trend. |
| Stochastics (14,3) | 22.22 | NEUTRAL | The Stochastics value for TBIX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 14.17 | HIGH VOLATILITY | The high ATR as a percentage value for TBIX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.07 | NEUTRAL | The ADX value for TBIX.CA suggests a possible start of a new trend. |
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)
TSX-V:TBIX (7/18/2025, 7:00:00 PM)
0.03
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0%
1 Week-25%
2 Weeks-14.29%
1 Month-14.29%
3 Month-14.29%
6 Month100%
12 Month100%
2 Year20%
3 Year-57.14%
5 Year-95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%14.17%
ATR Inc-50%
Range Today0.01
ADR(20)0
ADR(20)%9.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.42
Mansfield2.73
10 Day High0.04
10 Day Low0.03
20 Day High0.04
20 Day Low0.03
52 Week High0.05
52 Week Low0.01
CS1 End0.02
CR1 Start0.03
Volume & EV
DER(3)0%
DER(5)0%
Volume22.58K
Volume Incr221.66%
Vol(5)53.58K
Vol(50)32.03K