TRX GOLD CORP (TRX.CA) Stock Technical Analysis
TSX:TRX • CA87283P1099
Overall TRX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TRX is showing a nice and steady performance.
- 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 96% 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 802 other stocks in this industry. TRX outperforms 92% of them.
- In the last month TRX has a been trading in the 1.95 - 2.70 range, which is quite wide. It is currently trading near the high of this range.
- TRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRX is lagging the market.
TRX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
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When analyzing the support we can see 3 important areas.
- Support @2.13 from a horizontal line in the daily time frame.
- Support @1.58 from a trend line in the daily time frame.
- Support @1.25 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.53 from a trend line in the daily time frame.
- Resistance @2.60 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 | 96.94 | POSITIVE | TRX.CA has a high relative strength, it outperformed 96.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TRX.CA is above a declining 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) | 58.79 | NEUTRAL | The RSI value for TRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TRX.CA has a negative trend. |
| Stochastics (14,3) | 72.18 | NEUTRAL | The Stochastics value for TRX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.21 | HIGH VOLATILITY | The high ATR as a percentage value for TRX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 39.34 | POSITIVE | The high ADX value value for TRX.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.54 | 2.14 | 0.40 (15.75%) | 6.35% |
| An entry @2.54. This is a Buy Stop order right above the resistance zone. | An exit @2.14. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.40 points, which is 15.75%. | When investing 6.35% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:TRX (2/27/2026, 7:00:00 PM)
2.48
-0.03 (-1.2%)
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 58.7923. 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 -0.0176349, 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.