TGX ENERGY & RESOURCES INC (TGX.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:TGX • CA8829282034
Taking everything into account, TGX scores 7 out of 10 in our technical rating. 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.
- TGX is one of the lesser performing stocks in the Metals & Mining industry. 60% of 812 stocks in the same industry do better.
- In the last month TGX has a been trading in the 0.13 - 0.17 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: TGX has an average volume of 3893 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, TGX did better than 76% of all other stocks.
- TGX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TGX is lagging the market.
- Considerably lower volume is observed in the last couple of days.
Although TGX has an excellent technical rating, it does not present a decent entry opportunity 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
0.12
We found 1 important support area.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages 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 TGX.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TGX.CA is neutral. |
| ChartMill Relative Strength | 76.85 | POSITIVE | TGX.CA has a high relative strength, it outperformed 76.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TGX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TGX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TGX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.6 | NEUTRAL | The RSI value for TGX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TGX.CA has a negative trend. |
| Stochastics (14,3) | 18.52 | OVERSOLD | The low Stochastics value suggests TGX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 7.31 | HIGH VOLATILITY | The high ATR as a percentage value for TGX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.78 | NEGATIVE | The low ADX value for TGX.CA suggests a weak or negative trend. |
TSX-V:TGX (1/28/2026, 7:00:00 PM)
0.13
-0.01 (-3.7%)
TGX ENERGY & RESOURCES INC / TGX.CA FAQ
What is the technical rating for TGX stock?
ChartMill assigns a technical rating of 7 / 10 to TGX.CA.
What is the trend direction for TGX stock?
The current trend direction for TGX ENERGY & RESOURCES INC (TGX.CA) is Bullish.
Can you provide the RSI signal for TGX ENERGY & RESOURCES INC?
TGX ENERGY & RESOURCES INC (TGX.CA) has an RSI value of 48.5953. This indicates that the stock is currently neutral.
What are the support and resistance levels for TGX ENERGY & RESOURCES INC (TGX.CA) stock?
TGX ENERGY & RESOURCES INC (TGX.CA) has a support level at 0.12 and a resistance level at 0.13. Check the full technical report for our detailed analysis of TGX.CA support and resistance levels.