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TERAS RESOURCES INC (TRA.CA) Stock Technical Analysis

Canada - TSX Venture Exchange - TSX-V:TRA - CA8808411018 - Common Stock

0.005 CAD
0 (0%)
Last: 10/3/2023, 7:00:00 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to TRA. TRA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
98% of all other stocks performed better in the past year than TRA.
TRA is one of the lesser performing stocks in the Metals & Mining industry. 92% of 804 stocks in the same industry do better.
TRA is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month TRA has a been trading in the 0.01 - 0.01 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.

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Weekly and Daily overview Charts
TERAS RESOURCES INC / TRA Weekly stock chart
TERAS RESOURCES INC / TRA Daily stock chart
Setup Rating and Analysis

3

The technical rating of TRA is bad and it also does not present a 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.

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Support and Resistance Analysis

0.00

0.01

We found 1 important resistance area.

  • A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for TRA.CA is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for TRA.CA is neutral.
ChartMill Relative Strength2.12NEGATIVETRA.CA has a low relative strength, it was outperformed by 97.88% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of TRA.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of TRA.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of TRA.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)38.22NEUTRALThe RSI value for TRA.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests TRA.CA has a negative trend.
Stochastics (14,3)33.33NEUTRALThe Stochastics value for TRA.CA is a neutral value.
Average True Range in percent/ATR (20)25HIGH VOLATILITYThe high ATR as a percentage value for TRA.CA suggests high volalility.
Average Directional Index/ADX (14)13.04NEGATIVEThe low ADX value for TRA.CA suggests a weak or negative trend.
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)

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TERAS RESOURCES INC / TRA Daily stock chart

TERAS RESOURCES INC

TSX-V:TRA (10/3/2023, 7:00:00 PM)

0.005

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-50%
2 Weeks-50%
1 Month-50%
3 Month-50%
6 Month-50%
12 Month-80%
2 Year-85.71%
3 Year-94.44%
5 Year-90%
10 Year-99.22%
15 Year-95.83%
Volatility
ATR(14)0
ATR(20)%25%
ATR Inc75%
Range Today0
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
CRS2.12
3 months CRSN/A
6 months CRSN/A
Mansfield-6.89
10 Day High0.01
10 Day Low0.01
20 Day High0.01
20 Day Low0.01
52 Week High0.04
52 Week Low0.01
CS1 EndN/A
CR1 Start0.01
Volume & EV
DER(3)0%
DER(5)0%
Volume10.00K
Volume Incr56.76%
Vol(5)155.75K
Vol(50)148.96K

TERAS RESOURCES INC / TRA.CA FAQ

What is the ChartMill technical rating of TERAS RESOURCES INC (TRA.CA) stock?

ChartMill assigns a technical rating of 0 / 10 to TRA.CA.


What is the current trend direction of TERAS RESOURCES INC (TRA.CA) stock?

The current trend direction for TERAS RESOURCES INC (TRA.CA) is Bearish.


Can you provide the RSI signal for TERAS RESOURCES INC?

TERAS RESOURCES INC (TRA.CA) has an RSI value of 38.2168. This indicates that the stock is currently neutral.


What is the MACD signal for TRA stock?

The MACD indicator for TERAS RESOURCES INC (TRA.CA) has a value of -0.000325751, indicating a bearish trend.


What is the short term momentum for TERAS RESOURCES INC (TRA.CA) stock?

The short term momentum for TERAS RESOURCES INC (TRA.CA) is neutral.