TRX GOLD CORP (TRX.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TRX - CA87283P1099 - Common Stock
Overall TRX gets a technical rating of 9 out of 10. 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.
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
0.54
2 important support areas can be observed.
- A support zone ranging from 0.87 to 0.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.55 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.05 from a horizontal 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 | 91.93 | POSITIVE | TRX.CA has a high relative strength, it outperformed 91.93% 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) | 59.34 | NEUTRAL | The RSI value for TRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TRX.CA has a positive trend. |
| Stochastics (14,3) | 96.49 | OVERBOUGHT | The high Stochastics value suggests TRX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.88 | HIGH VOLATILITY | The high ATR as a percentage value for TRX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.39 | NEUTRAL | The ADX value for TRX.CA suggests a possible start of a new trend. |
TSX:TRX (11/28/2025, 7:00:00 PM)
1.02
-0.02 (-1.92%)
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 9 / 10 to TRX.CA.
What is the trend direction for TRX stock?
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 59.339. This indicates that the stock is currently neutral.
What is the short term momentum for TRX GOLD CORP (TRX.CA) stock?
The short term momentum for TRX GOLD CORP (TRX.CA) is positive.
What is the support and resistance level for TRX stock?
TRX GOLD CORP (TRX.CA) has a support level at 0.89 and a resistance level at 1.05. Check the full technical report for our detailed analysis of TRX.CA support and resistance levels.