Taking everything into account, TGB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, TGB has proven to be a steady performer, scoring decent points in every aspect analyzed.
TGB has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.15
We found 4 important support areas.
- A support zone ranging from 5.31 to 5.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.13 from a horizontal line in the daily time frame.
- A support zone ranging from 4.70 to 4.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.19 from a horizontal line in the daily time frame.
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 TGB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TGB is up. |
| ChartMill Relative Strength | 97.67 | POSITIVE | TGB has a high relative strength, it outperformed 97.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TGB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TGB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TGB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.86 | NEUTRAL | The RSI value for TGB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TGB has a positive trend. |
| Stochastics (14,3) | 80.88 | OVERBOUGHT | The high Stochastics value suggests TGB may be overbought. |
| Average True Range in percent/ATR (20) | 4.34 | MEDIUM VOLATILITY | The ATR as a percentage value for TGB suggests some volalility. |
| Average Directional Index/ADX (14) | 28.55 | POSITIVE | The high ADX value value for TGB suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.74 | 5.30 | 0.44 (7.67%) | 13.05% |
| An entry @5.74. This is a Buy Stop order right above the 10 day high. | An exit @5.30. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.44 points, which is 7.67%. | For a 1.00% total portfolio risk, you can invest 13.05% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
5.64
+0.06 (+1.08%)
TASEKO MINES LTD / TGB FAQ
What is the ChartMill technical rating of TASEKO MINES LTD (TGB) stock?
ChartMill assigns a technical rating of 10 / 10 to TGB.
What is the trend direction for TGB stock?
The current trend direction for TASEKO MINES LTD (TGB) is Bullish.
What is the RSI signal for TASEKO MINES LTD (TGB) stock?
TASEKO MINES LTD (TGB) has an RSI value of 67.8625. This indicates that the stock is currently neutral.
What is the MACD signal for TASEKO MINES LTD (TGB) stock?
The MACD indicator for TASEKO MINES LTD (TGB) has a value of 0.00447388, indicating a bearish trend.
What is the buy/sell signal for TGB stock?
The buy/sell signal for TASEKO MINES LTD (TGB) is buy as both the short term and long term trends are positive.