TRX GOLD CORP (TRX.CA) Technical Analysis
TSX:TRX • CA87283P1099
Current stock price
TRX.CA Technical Rating and Analysis
Taking everything into account, TRX scores 7 out of 10 in our technical rating. In the last year, TRX was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month TRX has a been trading in the 1.73 - 2.75 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Looking at the yearly performance, TRX did better than 96% of all other 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 804 other stocks in this industry. TRX outperforms 92% 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 trading in the upper part of its 52 week range, so TRX is lagging the market slightly.
TRX.CA Weekly and Daily overview Charts
TRX.CA Setup Rating and Analysis
Although TRX has an excellent technical rating, the quality of the presented setup is not ideal 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
1.11
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.76 to 1.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.35 from a trend line in the daily time frame.
- Support @1.12 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @2.31 from a trend line in the daily time frame.
- Resistance @2.53 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 | 96.67 | POSITIVE | TRX.CA has a high relative strength, it outperformed 96.67% 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) | UP | MIXED | The current price of TRX.CA is below 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) | 38.25 | NEUTRAL | The RSI value for TRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests TRX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.42 | OVERSOLD | The low Stochastics value suggests TRX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 9.96 | HIGH VOLATILITY | The high ATR as a percentage value for TRX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.7 | NEUTRAL | The ADX value for TRX.CA suggests a possible start of a new trend. |
TRX.CA Chart- and CandleStick Pattern Analysis
TRX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TRX (3/24/2026, 7:00:00 PM)
1.84
+0.03 (+1.66%)
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 7 / 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 38.2511. 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 -0.0870968, 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 hold as the short term and long term trends are mixed.