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TASEKO MINES LTD (TKO.CA) Stock Technical Analysis

TSX:TKO - Toronto Stock Exchange - CA8765111064 - Common Stock - Currency: CAD

3.03  -0.12 (-3.81%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to TKO. Although TKO has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month TKO has a been trading in the 2.60 - 3.18 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, TKO did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
TKO is part of the Metals & Mining industry. There are 820 other stocks in this industry, TKO did better than 69% of them.
TKO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TKO is lagging the market.
Weekly and Daily overview Charts
TASEKO MINES LTD / TKO Weekly stock chart
TASEKO MINES LTD / TKO Daily stock chart
Setup Rating and Analysis

6

TKO 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.

Support and Resistance Analysis

2.57

3.65

When analyzing the support we can see 2 important areas.

  • Support @2.69 from a horizontal line in the weekly time frame.
  • A support zone ranging from 2.60 to 2.63. This zone is formed by a combination of multiple trend lines in the daily time frame.

3 important resistance areas can be observed.

  • Resistance @3.10 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 3.18 to 3.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 3.57 to 3.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.17
Mansfield-0.9
10 Day High3.18
10 Day Low2.6
20 Day High3.18
20 Day Low2.6
52 Week High4.2
52 Week Low1.97
Performance
1 Week3%
2 Weeks14.66%
1 Month5.46%
3 Month11.15%
6 Month-1.59%
12 Month50.73%
2 Year32.62%
3 Year28.22%
5 Year571.74%
10 Year188.79%
15 Year-35.36%
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)58.53
LBB2.54
UBB3.24
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
3.112.590.52 (16.72%)5.98%
An entry @3.11. This is a Buy Stop order right above the resistance zone.An exit @2.59. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.52 points, which is 16.72%.For a 1.00% total portfolio risk, you can invest 5.98% 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.
TASEKO MINES LTD / TKO Daily stock chart

TASEKO MINES LTD

TSX:TKO (2/18/2025, 7:00:00 PM)

3.03

-0.12 (-3.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.81%
1 Week3%
2 Weeks14.66%
1 Month5.46%
3 Month11.15%
6 Month-1.59%
12 Month50.73%
2 Year32.62%
3 Year28.22%
5 Year571.74%
10 Year188.79%
15 Year-35.36%
Volatility
ATR(14)0.12
ATR(20)%3.83%
ATR Inc0.58%
Range Today0.13
ADR(20)0.11
ADR(20)%3.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.17
Mansfield-0.9
10 Day High3.18
10 Day Low2.6
20 Day High3.18
20 Day Low2.6
52 Week High4.2
52 Week Low1.97
CS1 End2.69
CR1 Start3.1
Volume & EV
DER(3)9.4%
DER(5)6.17%
Volume905.64K
Volume Incr2.89%
Vol(5)450.33K
Vol(50)414.04K