TGX ENERGY & RESOURCES INC (TGX.CA) Technical Analysis
TSX-V:TGX • CA8829282034
Current stock price
TGX.CA Technical Rating and Analysis
Taking everything into account, TGX scores 6 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.
- 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.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: TGX has an average volume of 3587 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When comparing the yearly performance of all stocks, we notice that TGX is one of the better performing stocks in the market, outperforming 79% of all stocks.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- TGX is an average performer in the Metals & Mining industry, it outperforms 54% of 804 stocks in the same industry.
- TGX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TGX is lagging the market slightly.
TGX.CA Weekly and Daily overview Charts
TGX.CA Setup Rating and Analysis
TGX has an average technical rating and it also does not offer a high quality setup 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
TGX.CA Support and Resistance Analysis
0.12
When analyzing the support we notice one important area.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- 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 in multiple time frames.
TGX.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 TGX.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TGX.CA is down. |
| ChartMill Relative Strength | 79.69 | POSITIVE | TGX.CA has a high relative strength, it outperformed 79.69% 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 | MIXED | The current price of TGX.CA is below 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) | 46.92 | 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, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 6 | HIGH VOLATILITY | The high ATR as a percentage value for TGX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.66 | NEGATIVE | The low ADX value for TGX.CA suggests a weak or negative trend. |
TGX.CA Chart- and CandleStick Pattern Analysis
TGX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:TGX (3/20/2026, 7:00:00 PM)
0.125
0 (0%)
TGX ENERGY & RESOURCES INC / TGX.CA TA FAQ
What is the technical rating for TGX stock?
ChartMill assigns a technical rating of 6 / 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 46.9187. This indicates that the stock is currently neutral.
What is the buy/sell signal for TGX ENERGY & RESOURCES INC (TGX.CA) stock?
The buy/sell signal for TGX ENERGY & RESOURCES INC (TGX.CA) is hold as the short term and long term trends are mixed.
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.