TOREX GOLD RESOURCES INC (TXG.CA) Technical Analysis
TSX:TXG • CA8910546032
Current stock price
TXG.CA Technical Rating and Analysis
Taking everything into account, TXG scores 2 out of 10 in our technical rating. 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 part of the Metals & Mining industry. There are 803 other stocks in this industry, of which 65% are performing better than TXG.
- In the last month TXG has a been trading in the 58.63 - 70.28 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 long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, TXG turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
- 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
The technical rating of TXG is bad and it also does not present a 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
TXG.CA Support and Resistance Analysis
52.67
We found 3 important support areas.
- A support zone ranging from 57.18 to 57.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
- A support zone ranging from 53.20 to 53.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 62.68 to 63.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 66.28 to 67.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 54.68 | NEUTRAL | TXG.CA is not amongst the best or worst performers 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) | 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) | 38.33 | NEUTRAL | The RSI value for TXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests TXG.CA has a negative trend. |
| Stochastics (14,3) | 8.16 | OVERSOLD | The low Stochastics value suggests TXG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.15 | HIGH VOLATILITY | The high ATR as a percentage value for TXG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.26 | 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 (4/27/2026, 7:00:00 PM)
59.23
-1.92 (-3.14%)
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 2 / 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 38.3289. 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 -0.472748, indicating a bearish 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 57.53 and a resistance level at 62.68. Check the full technical report for our detailed analysis of TXG.CA support and resistance levels.