TOREX GOLD RESOURCES INC (TXG.CA) Technical Analysis
TSX:TXG • CA8910546032
Current stock price
TXG.CA Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to TXG. TXG has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- TXG is part of the Metals & Mining industry. There are 798 other stocks in this industry, of which 60% are performing better than TXG.
- In the last month TXG has a been trading in the 52.89 - 71.05 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, TXG outperforms 68% of them, which is more or less in line with the market.
- TXG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TXG is lagging the market.
- Considerably lower volume is observed in the last couple of days.
TXG.CA Weekly and Daily overview Charts
TXG.CA Setup Rating and Analysis
TXG has a poor technical rating and the quality of the setup is also 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
TXG.CA Support and Resistance Analysis
51.86
When analyzing the support we can see 4 important areas.
- A support zone ranging from 64.93 to 67.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.09 to 56.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @54.70 from a horizontal line in the daily time frame.
- A support zone ranging from 52.38 to 53.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @68.59 from a horizontal line in the daily time frame.
- Resistance @82.55 from a horizontal line in the daily time frame.
TXG.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 | NEUTRAL | NEUTRAL | The long term trend for TXG.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TXG.CA is neutral. |
| ChartMill Relative Strength | 68.98 | NEUTRAL | TXG.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TXG.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TXG.CA is above a declining 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) | 53.61 | NEUTRAL | The RSI value for TXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.02 | POSITIVE | The MACD value suggests TXG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.39 | OVERBOUGHT | The high Stochastics value suggests TXG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.75 | HIGH VOLATILITY | The high ATR as a percentage value for TXG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.67 | NEGATIVE | The low ADX value for TXG.CA suggests a weak or negative trend. |
TXG.CA Chart- and CandleStick Pattern Analysis
TXG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TXG (4/10/2026, 7:00:00 PM)
67.14
+0.6 (+0.9%)
TOREX GOLD RESOURCES INC / TXG.CA TA FAQ
Can you provide the ChartMill technical rating for TOREX GOLD RESOURCES INC?
ChartMill assigns a technical rating of 3 / 10 to TXG.CA.
What is the current trend direction of TOREX GOLD RESOURCES INC (TXG.CA) stock?
The current trend direction for TOREX GOLD RESOURCES INC (TXG.CA) is Bearish.
What is the RSI signal for TXG stock?
TOREX GOLD RESOURCES INC (TXG.CA) has an RSI value of 53.6103. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TOREX GOLD RESOURCES INC?
The MACD indicator for TOREX GOLD RESOURCES INC (TXG.CA) has a value of 1.02, indicating a bullish trend.
Can you provide the support and resistance levels for TOREX GOLD RESOURCES INC?
TOREX GOLD RESOURCES INC (TXG.CA) has a support level at 67.13 and a resistance level at 68.59. Check the full technical report for our detailed analysis of TXG.CA support and resistance levels.