Torchlight Energy (TRCH) Stock Technical Analysis
NASDAQ:TRCH - Nasdaq -
Overall TRCH gets a technical rating of 10 out of 10. Both in the recent history as in the last year, TRCH has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, TRCH did better than 99% of all other stocks. We also observe that the gains produced by TRCH over the past year are nicely spread over this period.
TRCH is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 100% of 213 stocks in the same industry.
TRCH has an average volume of 37782900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TRCH is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month TRCH has a been trading in the 2.30 - 10.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although TRCH has an excellent technical rating, it 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
1.76
5.00
We found 3 important support areas.
- Support @4.74 from a horizontal line in the daily time frame.
- Support @2.48 from a trend line in the daily time frame.
- Support @1.78 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.52
Mansfield24.26
10 Day High10.88
10 Day Low3.32
20 Day High10.88
20 Day Low2.3
52 Week High10.88
52 Week Low0.21
Performance
1 Week-21.05%
2 Weeks58.65%
1 Month107.11%
3 Month167.57%
6 Month696.97%
12 Month1314.29%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.02
RSI(14)53.56
LBB1.36
UBB8.69
4.95
+0.2 (+4.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg4.21%
1 Week-21.05%
2 Weeks58.65%
1 Month107.11%
3 Month167.57%
6 Month696.97%
12 Month1314.29%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.45
ATR(20)%22.15%
ATR Inc-39.88%
Range Today0.58
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
CRS99.52
Mansfield24.26
10 Day High10.88
10 Day Low3.32
20 Day High10.88
20 Day Low2.3
52 Week High10.88
52 Week Low0.21
CS1 End4.74
CR1 StartN/A
Volume & EV
DER(3)-0.72%
DER(5)-0.79%
Volume110.65M
Volume Incr461.82%
Vol(5)199.21M
Vol(50)37.78M