TRX GOLD CORP (TRX.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:TRX • CA87283P1099
We assign a technical rating of 10 out of 10 to TRX. Both in the recent history as in the last year, TRX 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 TRX is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by TRX over the past year are nicely spread over this period.
- TRX is part of the Metals & Mining industry. There are 814 other stocks in this industry. TRX outperforms 92% of them.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- TRX is currently trading in the middle of its 52 week range, while the S&P500 Index is trading in the lower part of its yearly range. So TRX is doing better than the market!
- In the last month TRX has a been trading in the 1.17 - 3.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although TRX has an excellent technical rating, it does not present a decent entry opportunity 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
1.13
2 important support areas can be observed.
- Support @1.39 from a trend line in the daily time frame.
- Support @1.14 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 | UP | POSITIVE | The long term trend for TRX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRX.CA is up. |
| ChartMill Relative Strength | 97.14 | POSITIVE | TRX.CA has a high relative strength, it outperformed 97.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.07 | NEUTRAL | The RSI value for TRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests TRX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.73 | NEUTRAL | The Stochastics value for TRX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.75 | HIGH VOLATILITY | The high ATR as a percentage value for TRX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 49.29 | POSITIVE | The high ADX value value for TRX.CA suggests a strong trend. |
TSX:TRX (2/2/2026, 7:00:00 PM)
2.2
+0.02 (+0.92%)
TRX GOLD CORP / TRX.CA FAQ
What is the ChartMill technical rating of TRX GOLD CORP (TRX.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to TRX.CA.
Can you provide the trend direction for TRX GOLD CORP?
The current trend direction for TRX GOLD CORP (TRX.CA) is Bullish.
What is the RSI signal for TRX GOLD CORP (TRX.CA) stock?
TRX GOLD CORP (TRX.CA) has an RSI value of 62.0723. This indicates that the stock is currently neutral.
What is the MACD signal for TRX GOLD CORP (TRX.CA) stock?
The MACD indicator for TRX GOLD CORP (TRX.CA) has a value of 0.0956208, indicating a bearish trend.
Can you provide the buy/sell signal for TRX GOLD CORP?
The buy/sell signal for TRX GOLD CORP (TRX.CA) is buy as both the short term and long term trends are positive.