TORCHLIGHT INNOVATIONS INC (TLX-P.CA) Technical Analysis
TSX-V:TLX-P • CA89103M1005
Current stock price
TLX-P.CA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to TLX-P. In the last year, TLX-P was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 100% of all other stocks performed better in the past year than TLX-P.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- In the last month TLX-P has a been trading in the 0.42 - 0.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TLX-P.CA Weekly and Daily overview Charts
TLX-P.CA Setup Rating and Analysis
Although the technical rating is bad, TLX-P does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
TLX-P.CA Support and Resistance Analysis
0.42
When analyzing the support we notice one important area.
- A support zone ranging from 0.42 to 0.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @0.44 from a trend line in the daily time frame.
- A resistance zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.53 from a horizontal line in the daily time frame.
TLX-P.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 TLX-P.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TLX-P.CA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | TLX-P.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TLX-P.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TLX-P.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 41.43 | NEUTRAL | The RSI value for TLX-P.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TLX-P.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.86 | NEUTRAL | The Stochastics value for TLX-P.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.6 | HIGH VOLATILITY | The high ATR as a percentage value for TLX-P.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.23 | NEGATIVE | The low ADX value for TLX-P.CA suggests a weak or negative trend. |
TLX-P.CA Chart- and CandleStick Pattern Analysis
TLX-P.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:TLX-P (3/13/2026, 7:00:00 PM)
0.435
-0.06 (-12.12%)
TORCHLIGHT INNOVATIONS INC / TLX-P.CA TA FAQ
Can you provide the ChartMill technical rating for TORCHLIGHT INNOVATIONS INC?
ChartMill assigns a technical rating of 1 / 10 to TLX-P.CA.
Can you provide the trend direction for TORCHLIGHT INNOVATIONS INC?
The current trend direction for TORCHLIGHT INNOVATIONS INC (TLX-P.CA) is Bullish.
What is the RSI signal for TORCHLIGHT INNOVATIONS INC (TLX-P.CA) stock?
TORCHLIGHT INNOVATIONS INC (TLX-P.CA) has an RSI value of 41.4314. This indicates that the stock is currently neutral.
What is the buy/sell signal for TORCHLIGHT INNOVATIONS INC (TLX-P.CA) stock?
The buy/sell signal for TORCHLIGHT INNOVATIONS INC (TLX-P.CA) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for TORCHLIGHT INNOVATIONS INC?
TORCHLIGHT INNOVATIONS INC (TLX-P.CA) has a support level at 0.42 and a resistance level at 0.44. Check the full technical report for our detailed analysis of TLX-P.CA support and resistance levels.