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 part of the Metals & Mining industry. There are 803 other stocks in this industry, of which 68% are performing better than TXG.
- In the last month TXG has a been trading in the 54.71 - 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 short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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 40% 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
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
52.67
We found 2 important support 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.
- 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.
We found 1 important resistance area.
- Resistance @60.64 from a trend 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 | 40.39 | 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) | 31.71 | NEUTRAL | The RSI value for TXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.91 | NEGATIVE | The MACD value suggests TXG.CA has a negative trend. |
| Stochastics (14,3) | 2.75 | OVERSOLD | The low Stochastics value suggests TXG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for TXG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.95 | 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 (5/1/2026, 7:00:00 PM)
54.99
-0.95 (-1.7%)
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.
What is the RSI signal for TXG stock?
TOREX GOLD RESOURCES INC (TXG.CA) has an RSI value of 31.7052. 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 -0.909067, 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 54.7 and a resistance level at 60.64. Check the full technical report for our detailed analysis of TXG.CA support and resistance levels.