TRILLIUM GOLD MINES INC (TGM.CA) Technical Analysis
TSX-V:TGM • CA89623Q1028
Current stock price
TGM.CA Technical Rating and Analysis
Overall TGM gets a technical rating of 9 out of 10. Both in the recent history as in the last year, TGM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- TGM is one of the better performing stocks in the Metals & Mining industry, it outperforms 99% of 803 stocks in the same industry.
- Looking at the yearly performance, TGM did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- TGM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TGM is lagging the market.
- In the last month TGM has a been trading in the 0.07 - 0.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
TGM.CA Weekly and Daily overview Charts
TGM.CA Setup Rating and Analysis
TGM has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
TGM.CA Support and Resistance Analysis
0.54
We found 1 important resistance area.
- A resistance zone ranging from 0.68 to 0.68. This zone is formed by a combination of multiple trend lines in the weekly time frame.
TGM.CA Technical Indicator Signal Analysis
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 TGM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TGM.CA is up. |
| ChartMill Relative Strength | 99.61 | POSITIVE | TGM.CA has a high relative strength, it outperformed 99.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TGM.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TGM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TGM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.97 | NEUTRAL | The RSI value for TGM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TGM.CA has a negative trend. |
| Stochastics (14,3) | 11.11 | OVERSOLD | The low Stochastics value suggests TGM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 15.86 | HIGH VOLATILITY | The high ATR as a percentage value for TGM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.39 | POSITIVE | The high ADX value value for TGM.CA suggests a strong trend. |
TGM.CA Chart- and CandleStick Pattern Analysis
TGM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:TGM (8/24/2023, 7:00:00 PM)
0.55
-0.01 (-1.79%)
TRILLIUM GOLD MINES INC / TGM.CA TA FAQ
Can you provide the ChartMill technical rating for TRILLIUM GOLD MINES INC?
ChartMill assigns a technical rating of 8 / 10 to TGM.CA.
What is the trend direction for TGM stock?
The current trend direction for TRILLIUM GOLD MINES INC (TGM.CA) is Bullish.
What is the RSI signal for TGM stock?
TRILLIUM GOLD MINES INC (TGM.CA) has an RSI value of 55.9673. This indicates that the stock is currently neutral.
What is the MACD signal for TRILLIUM GOLD MINES INC (TGM.CA) stock?
The MACD indicator for TRILLIUM GOLD MINES INC (TGM.CA) has a value of -0.0244587, indicating a bearish trend.
What is the buy/sell signal for TRILLIUM GOLD MINES INC (TGM.CA) stock?
The buy/sell signal for TRILLIUM GOLD MINES INC (TGM.CA) is buy as both the short term and long term trends are positive.