Taking everything into account, TRX scores 10 out of 10 in our technical rating. 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.
TRX has an excellent technical rating, but the quality of the setup is only medium 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
0.60
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.63 to 0.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.61 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRX is up. |
| ChartMill Relative Strength | 97.1 | POSITIVE | TRX has a high relative strength, it outperformed 97.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.26 | NEUTRAL | The RSI value for TRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TRX has a positive trend. |
| Stochastics (14,3) | 97.28 | OVERBOUGHT | The high Stochastics value suggests TRX may be overbought. |
| Average True Range in percent/ATR (20) | 6.63 | HIGH VOLATILITY | The high ATR as a percentage value for TRX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.12 | NEGATIVE | The low ADX value for TRX suggests a weak or negative trend. |
NYSEARCA:TRX (12/2/2025, 2:38:04 PM)
0.7134
-0.04 (-4.88%)
TRX GOLD CORP / TRX FAQ
What is the ChartMill technical rating of TRX GOLD CORP (TRX) stock?
ChartMill assigns a technical rating of 10 / 10 to TRX.
What is the trend direction for TRX stock?
The current trend direction for TRX GOLD CORP (TRX) is Bullish.
What is the RSI signal for TRX GOLD CORP (TRX) stock?
TRX GOLD CORP (TRX) has an RSI value of 62.2627. This indicates that the stock is currently neutral.
What is the short term momentum for TRX GOLD CORP (TRX) stock?
The short term momentum for TRX GOLD CORP (TRX) is positive.
What is the support and resistance level for TRX stock?
TRX GOLD CORP (TRX) has a support level at 0.65. Check the full technical report for our detailed analysis of TRX support and resistance levels.