TOREX GOLD RESOURCES INC (TXG.CA) Technical Analysis
TSX:TXG • CA8910546032
Current stock price
TXG.CA Technical Rating and Analysis
Overall TXG gets a technical rating of 1 out of 10. TXG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- TXG is one of the lesser performing stocks in the Metals & Mining industry. 60% of 804 stocks in the same industry do better.
- In the last month TXG has a been trading in the 52.89 - 85.00 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.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, TXG outperforms 67% 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 trading in the upper part of its 52 week range, so TXG is lagging the market slightly.
TXG.CA Weekly and Daily overview Charts
TXG.CA Setup Rating and Analysis
The technical rating of TXG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
TXG.CA Support and Resistance Analysis
50.77
When analyzing the support we can see 2 important areas.
- A support zone ranging from 54.70 to 54.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.28 from a trend line in the weekly time frame.
We found 1 important resistance area.
- 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 | DOWN | NEGATIVE | The short term trend for TXG.CA is down. |
| ChartMill Relative Strength | 67.65 | NEUTRAL | TXG.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TXG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TXG.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TXG.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.91 | OVERSOLD | The low RSI value suggests TXG.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.32 | NEGATIVE | The MACD value suggests TXG.CA has a negative trend. |
| Stochastics (14,3) | 7.13 | OVERSOLD | The low Stochastics value suggests TXG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 8.42 | HIGH VOLATILITY | The high ATR as a percentage value for TXG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.94 | NEUTRAL | The ADX value for TXG.CA suggests a possible start of a new trend. |
TXG.CA Chart- and CandleStick Pattern Analysis
TXG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TXG (3/20/2026, 7:00:00 PM)
54.71
-1.5 (-2.67%)
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 1 / 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.
Can you provide the RSI signal for TOREX GOLD RESOURCES INC?
TOREX GOLD RESOURCES INC (TXG.CA) has an RSI value of 29.9114. This indicates that the stock is currently oversold.
What is the short term momentum for TXG stock?
The short term momentum for TOREX GOLD RESOURCES INC (TXG.CA) is negative.
Can you provide the support and resistance levels for TOREX GOLD RESOURCES INC?
TOREX GOLD RESOURCES INC (TXG.CA) has a support level at 54.7 and a resistance level at 82.55. Check the full technical report for our detailed analysis of TXG.CA support and resistance levels.