TRX GOLD CORP (TRX) Stock Technical Analysis
NYSEARCA:TRX - CA87283P1099 - Common Stock
0.3575 USD
+0.01 (+2.11%)
We assign a technical rating of 5 out of 10 to TRX. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, TRX is a bad performer.
73% of all other stocks performed better in the past year than TRX.
TRX is part of the Metals & Mining industry. There are 155 other stocks in this industry, of which 80% are performing better than TRX.
TRX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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 only a medium technical rating, but it does show 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. There is a support zone below the current price at 0.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TRX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.33
0.38
We found 3 important support areas.
- A support zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.33 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @0.36 from a trend line in the weekly time frame.
- Resistance @0.37 from a horizontal line in the weekly time frame.
- Resistance @0.38 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 is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRX is neutral. |
| ChartMill Relative Strength | 27.23 | NEGATIVE | TRX has a low relative strength, it was outperformed by 72.77% 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) | DOWN | MIXED | The current price of TRX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.62 | NEUTRAL | The RSI value for TRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.45 | NEUTRAL | The Stochastics value for TRX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.52 | MEDIUM VOLATILITY | The ATR as a percentage value for TRX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.35 | NEGATIVE | The low ADX value for TRX suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:TRX (8/27/2025, 3:59:50 PM)
0.3575
+0.01 (+2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.11%
1 Week2.19%
2 Weeks-5.12%
1 Month1.01%
3 Month6.45%
6 Month20.97%
12 Month-10.25%
2 Year-10.6%
3 Year-27.29%
5 Year-59%
10 Year9.41%
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%4.52%
ATR Inc-9.34%
Range Today0.01
ADR(20)0.02
ADR(20)%4.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.23
Mansfield-0.65
10 Day High0.38
10 Day Low0.33
20 Day High0.38
20 Day Low0.33
52 Week High0.43
52 Week Low0.27
CS1 End0.34
CR1 Start0.36
Volume & EV
DER(3)8.31%
DER(5)-0.49%
Volume563.78K
Volume Incr9.73%
Vol(5)595.86K
Vol(50)539.92K