Teranga Gold Corp (TGZ.CA) Technical Analysis

Q: Can you provide the ChartMill technical rating for Teranga Gold Corp?

ChartMill assigns a technical rating of 1 / 10 to TGZ.CA.

Q: What is the RSI signal for TGZ stock?

Teranga Gold Corp (TGZ.CA) has an RSI value of 40.4382. This indicates that the stock is currently neutral.

TSX:TGZ

12.33

-0.03 (-0.24%)

Last: Feb 16, 2021, 05:52 PM

TGZ.CA Technical Rating and Analysis

Overall TGZ gets a technical rating of 1 out of 10. TGZ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, TGZ turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
TGZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TGZ is lagging the market.
In the last month TGZ has a been trading in the 11.53 - 13.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

More info and screens

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TGZ.CA Weekly and Daily overview Charts

Teranga Gold Corp / TGZ Weekly stock chart

Teranga Gold Corp / TGZ Daily stock chart

TGZ.CA Setup Rating and Analysis

TGZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.

More info and screens

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TGZ.CA Support and Resistance Analysis

6.72

15.69

3 important support areas can be observed.

Support @12.32 from a horizontal line in the weekly time frame.
A support zone ranging from 11.65 to 11.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
Support @6.79 from a trend line in the weekly time frame.

6 important resistance areas can be observed.

A resistance zone ranging from 12.57 to 12.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 13.17 to 13.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @14.17 from a trend line in the weekly time frame.
Resistance @14.96 from a trend line in the daily time frame.
A resistance zone ranging from 15.20 to 15.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
Resistance @15.53 from a horizontal line in the daily time frame.

More info and screens

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TGZ.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	NEUTRAL	NEUTRAL	The long term trend for TGZ.CA is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for TGZ.CA is down.
ChartMill Relative Strength	47.66	NEUTRAL	TGZ.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of TGZ.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of TGZ.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of TGZ.CA is below the rising SMA(200).
Relative Strength Index/RSI (14)	40.44	NEUTRAL	The RSI value for TGZ.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests TGZ.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	39.93	NEUTRAL	The Stochastics value for TGZ.CA is a neutral value.
Average True Range in percent/ATR (20)	4.47	MEDIUM VOLATILITY	The ATR as a percentage value for TGZ.CA suggests some volalility.

TGZ.CA Chart- and CandleStick Pattern Analysis

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)

More info

Bullish Engulfing Bearish Engulfing Bullish Harami Bullish Hammer Gravestone Doji Dragonfly Doji Shooting Star Dark Cloud Cover Bull Flags Ascending Triangle Descending Triangle Symmetrical Triangle Rising Wedge Falling Wedge Double Bottom Ascending Channel Descending Channel Double Top Squeeze Plays

TGZ.CA Technicals: Chart, Performance Metrics, Trend & Indicators

Teranga Gold Corp

TSX:TGZ (2/16/2021, 5:52:44 PM)

12.33

-0.03 (-0.24%)

Chartmill TA Rating

Chartmill Setup Rating

Sector

GICS SectorN/A

GICS IndustryN/A

Performance

% Chg-0.24%

1 Week-6.09%

2 Weeks-4.64%

1 Month-1.12%

3 Month-14.49%

6 Month-15.78%

12 Month45.92%

2 YearN/A

3 YearN/A

5 YearN/A

10 YearN/A

15 YearN/A

Volatility

ATR(14)0.6

ATR(20)%4.47%

ATR Inc0%

Range Today0.41

ADR(20)N/A

ADR(20)%N/A

Trend & SMA

ST Trend

LT Trend

SMA(5)

SMA(10)

SMA(20)

SMA(50)

SMA(100)

SMA(200)

Relative Strength & Ranges

CRS47.66

3 months CRSN/A

6 months CRSN/A

Mansfield-1.55

10 Day High13.55

10 Day Low11.89

20 Day High13.55

20 Day Low11.53

52 Week High16.8

52 Week Low3.86

CS1 End12.32

CR1 Start12.57

Volume & EV

DER(3)-4.27%

DER(5)-7.92%

Volume960.89K

Volume Incr6.96%

Vol(5)627.81K

Vol(50)589.75K

Teranga Gold Corp / TGZ.CA TA FAQ

Can you provide the ChartMill technical rating for Teranga Gold Corp?

ChartMill assigns a technical rating of 1 / 10 to TGZ.CA.

What is the current trend direction of Teranga Gold Corp (TGZ.CA) stock?

The current trend direction for Teranga Gold Corp (TGZ.CA) is Bearish.

What is the RSI signal for TGZ stock?

Teranga Gold Corp (TGZ.CA) has an RSI value of 40.4382. This indicates that the stock is currently neutral.

What is the MACD signal for Teranga Gold Corp (TGZ.CA) stock?

The MACD indicator for Teranga Gold Corp (TGZ.CA) has a value of 0.00413369, indicating a bearish trend.