TRX GOLD CORP (TRX.CA) Technical Analysis
TSX:TRX • CA87283P1099
Current stock price
TRX.CA Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to TRX. TRX was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month TRX has a been trading in the 1.72 - 2.33 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the yearly performance of all stocks, we notice that TRX is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, TRX also shows a nice and consistent pattern of rising prices.
- TRX is part of the Metals & Mining industry. There are 801 other stocks in this industry. TRX outperforms 89% of them.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- 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.
- Considerably lower volume is observed in the last couple of days.
TRX.CA Weekly and Daily overview Charts
TRX.CA Setup Rating and Analysis
TRX has an average technical rating and it also 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
TRX.CA Support and Resistance Analysis
1.16
When analyzing the support we can see 3 important areas.
- Support @1.77 from a horizontal line in the weekly time frame.
- Support @1.73 from a horizontal line in the daily time frame.
- Support @1.17 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.00 to 2.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.30 from a trend line in the daily time frame.
TRX.CA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for TRX.CA is down. |
| ChartMill Relative Strength | 95.59 | POSITIVE | TRX.CA has a high relative strength, it outperformed 95.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRX.CA is below a declining 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) | 38.24 | NEUTRAL | The RSI value for TRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TRX.CA has a negative trend. |
| Stochastics (14,3) | 12.24 | OVERSOLD | The low Stochastics value suggests TRX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 8.26 | HIGH VOLATILITY | The high ATR as a percentage value for TRX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.52 | NEGATIVE | The low ADX value for TRX.CA suggests a weak or negative trend. |
TRX.CA Chart- and CandleStick Pattern Analysis
TRX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TRX (4/22/2026, 7:00:00 PM)
1.78
+0.02 (+1.14%)
TRX GOLD CORP / TRX.CA TA FAQ
What is the ChartMill technical rating of TRX GOLD CORP (TRX.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to TRX.CA.
What is the current trend direction of TRX GOLD CORP (TRX.CA) stock?
The current trend direction for TRX GOLD CORP (TRX.CA) is Bullish.
Can you provide the RSI signal for TRX GOLD CORP?
TRX GOLD CORP (TRX.CA) has an RSI value of 38.2427. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TRX GOLD CORP?
The short term momentum for TRX GOLD CORP (TRX.CA) is negative.
What is the buy/sell signal for TRX GOLD CORP (TRX.CA) stock?
The buy/sell signal for TRX GOLD CORP (TRX.CA) is hold as the short term and long term trends are mixed.