TOREX GOLD RESOURCES INC (TXG.CA) Technical Analysis
TSX:TXG • CA8910546032
Taking everything into account, TXG scores 10 out of 10 in our technical rating. 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.
- 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!
- Looking at the yearly performance, TXG did better than 81% of all other stocks. On top of that, TXG also shows a nice and consistent pattern of rising prices.
- TXG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TXG is lagging the market slightly.
- TXG is part of the Metals & Mining industry. There are 815 other stocks in this industry, TXG did better than 50% of them.
- In the last month TXG has a been trading in the 56.55 - 85.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although TXG has an excellent technical rating, it does not offer a high quality setup 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
50.40
4 important support areas can be observed.
- A support zone ranging from 72.73 to 72.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @64.11 from a trend line in the weekly time frame.
- Support @60.27 from a trend line in the daily time frame.
- Support @50.91 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 82.55 to 83.11. This zone is formed by a combination of multiple trend lines 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 | 81.04 | POSITIVE | TXG.CA has a high relative strength, it outperformed 81.04% 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) | 50.84 | NEUTRAL | The RSI value for TXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests TXG.CA has a negative trend. |
| Stochastics (14,3) | 52.71 | NEUTRAL | The Stochastics value for TXG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.24 | HIGH VOLATILITY | The high ATR as a percentage value for TXG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.77 | NEGATIVE | The low ADX value for TXG.CA suggests a weak or negative trend. |
TXG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TXG (3/11/2026, 7:00:00 PM)
72.74
-2.19 (-2.92%)
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 50.842. 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 neutral.
Can you provide the support and resistance levels for TOREX GOLD RESOURCES INC?
TOREX GOLD RESOURCES INC (TXG.CA) has a support level at 72.73 and a resistance level at 82.55. Check the full technical report for our detailed analysis of TXG.CA support and resistance levels.