TARANIS RESOURCES INC (TRO.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:TRO - CA87609B1076 - Common Stock
Overall TRO gets a technical rating of 1 out of 10. TRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of TRO 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.
More info and screens
0.18
3 important support areas can be observed.
- Support @0.22 from a horizontal line in the weekly time frame.
- Support @0.20 from a trend line in the weekly time frame.
- Support @0.18 from a trend line in the weekly time frame.
We can see 5 important resistance areas.
- Resistance @0.24 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.27 from a trend line in the weekly time frame.
- Resistance @0.30 from a trend line in the daily time frame.
- Resistance @0.34 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for TRO.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRO.CA is down. |
| ChartMill Relative Strength | 13.27 | NEGATIVE | TRO.CA has a low relative strength, it was outperformed by 86.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TRO.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TRO.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.43 | NEUTRAL | The RSI value for TRO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TRO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.87 | OVERSOLD | The low Stochastics value suggests TRO.CA may be oversold. |
| Average True Range in percent/ATR (20) | 9.17 | HIGH VOLATILITY | The high ATR as a percentage value for TRO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.78 | NEGATIVE | The low ADX value for TRO.CA suggests a weak or negative trend. |
TSX-V:TRO (1/5/2026, 7:00:00 PM)
0.24
+0.02 (+9.09%)
TARANIS RESOURCES INC / TRO.CA FAQ
What is the ChartMill technical rating of TARANIS RESOURCES INC (TRO.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to TRO.CA.
What is the current trend direction of TARANIS RESOURCES INC (TRO.CA) stock?
The current trend direction for TARANIS RESOURCES INC (TRO.CA) is Bearish.
What is the RSI signal for TRO stock?
TARANIS RESOURCES INC (TRO.CA) has an RSI value of 47.4272. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TARANIS RESOURCES INC?
The MACD indicator for TARANIS RESOURCES INC (TRO.CA) has a value of -0.00551499, indicating a bearish trend.
Can you provide the short term momentum for TARANIS RESOURCES INC?
The short term momentum for TARANIS RESOURCES INC (TRO.CA) is negative.