TOREX GOLD RESOURCES INC (TXG.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TXG - CA8910546032 - Common Stock
Overall TXG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, TXG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that TXG is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by TXG over the past year are nicely spread over this period.
- TXG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month TXG has a been trading in the 62.82 - 73.03 range, which is quite wide. It is currently trading near the high of this range.
- TXG is an average performer in the Metals & Mining industry, it outperforms 60% of 813 stocks in the same industry.
TXG has an excellent technical rating and also presents 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 67.77, a Stop Loss order could be placed below this zone.
More info and screens
39.65
We found 6 important support areas.
- A support zone ranging from 67.00 to 67.77. 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 64.05 to 64.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @57.00 from a trend line in the daily time frame.
- Support @53.20 from a horizontal line in the daily time frame.
- Support @47.99 from a trend line in the weekly time frame.
- Support @40.05 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 TXG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TXG.CA is up. |
| ChartMill Relative Strength | 85.68 | POSITIVE | TXG.CA has a high relative strength, it outperformed 85.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TXG.CA is above 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) | 62.08 | NEUTRAL | The RSI value for TXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests TXG.CA has a positive trend. |
| Stochastics (14,3) | 73.75 | NEUTRAL | The Stochastics value for TXG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for TXG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.77 | NEGATIVE | The low ADX value for TXG.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 73.04 | 66.99 | 6.05 (8.28%) | 12.07% |
| An entry @73.04. This is a Buy Stop order right above the 10 day high. | An exit @66.99. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.05 points, which is 8.28%. | When investing 12.07% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:TXG (1/15/2026, 7:00:00 PM)
71.19
+1.21 (+1.73%)
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 current trend direction of TOREX GOLD RESOURCES INC (TXG.CA) 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 62.0837. This indicates that the stock is currently neutral.
What is the short term momentum for TXG stock?
The short term momentum for TOREX GOLD RESOURCES INC (TXG.CA) is positive.
Can you provide the support and resistance levels for TOREX GOLD RESOURCES INC?
TOREX GOLD RESOURCES INC (TXG.CA) has a support level at 67.77. Check the full technical report for our detailed analysis of TXG.CA support and resistance levels.