Torchlight Energy (TRCH)
Taking everything into account, TRCH scores 10 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that TRCH is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by TRCH over the past year are nicely spread over this period.
TRCH is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. TRCH outperforms 100% of them.
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. The S&P500 Index however is trading in the upper part of its 52 week range, so TRCH is lagging the market slightly.
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
Torchlight Energy
NASDAQ:TRCH (6/25/2021, 7:00:26 PM)
After market: 4.65 -0.3 (-6.06%)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 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.45
ATR(20)%22.15%
ATR Inc
Range Today0.58
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
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 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume110.65M
Volume Incr461.82%
Vol(5)199.21M
Vol(50)37.78M