TOREX GOLD RESOURCES INC (TXG.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TXG - CA8910546032 - Common Stock
We assign a technical rating of 10 out of 10 to TXG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TXG is showing a nice and steady performance.
TXG 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.
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39.65
We found 5 important support areas.
- A support zone ranging from 57.04 to 58.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.69 from a horizontal line in the daily time frame.
- Support @53.20 from a horizontal line in the daily time frame.
- A support zone ranging from 45.06 to 45.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.05 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 63.12 to 63.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 TXG.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TXG.CA is neutral. |
| ChartMill Relative Strength | 88.54 | POSITIVE | TXG.CA has a high relative strength, it outperformed 88.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TXG.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TXG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TXG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.75 | NEUTRAL | The RSI value for TXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests TXG.CA has a negative trend. |
| Stochastics (14,3) | 52.4 | NEUTRAL | The Stochastics value for TXG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for TXG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.49 | NEGATIVE | The low ADX value for TXG.CA suggests a weak or negative trend. |
TSX:TXG (11/21/2025, 7:00:00 PM)
59.79
-0.2 (-0.33%)
TOREX GOLD RESOURCES INC / TXG.CA FAQ
Can you provide the ChartMill technical rating for TOREX GOLD RESOURCES INC?
ChartMill assigns a technical rating of 10 / 10 to TXG.CA.
What is the trend direction for TXG stock?
The current trend direction for TOREX GOLD RESOURCES INC (TXG.CA) is Bullish.
Can you provide the RSI signal for TOREX GOLD RESOURCES INC?
TOREX GOLD RESOURCES INC (TXG.CA) has an RSI value of 47.7479. This indicates that the stock is currently neutral.
What is the support and resistance level for TXG stock?
TOREX GOLD RESOURCES INC (TXG.CA) has a support level at 58.29 and a resistance level at 63.12. Check the full technical report for our detailed analysis of TXG.CA support and resistance levels.