TOREX GOLD RESOURCES INC (TXG.CA) Stock Technical Analysis
TSX:TXG • CA8910546032
Overall TXG gets a technical rating of 4 out of 10. TXG was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- TXG is one of the lesser performing stocks in the Metals & Mining industry. 63% of 800 stocks in the same industry do better.
- In the last month TXG has a been trading in the 59.28 - 84.61 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, TXG did better than 74% of all other stocks. We also observe that the gains produced by TXG over the past year are nicely spread over this period.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- 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.
- Volume is considerably higher in the last couple of days.
TXG has an average technical rating and the quality of the presented setup is also not ideal 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
48.96
We found 2 important support areas.
- A support zone ranging from 59.35 to 60.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.45 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 67.68 to 68.00. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for TXG.CA is down. |
| ChartMill Relative Strength | 74.08 | POSITIVE | TXG.CA has a high relative strength, it outperformed 74.08% off all stocks 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 | POSITIVE | The current price of TXG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.63 | NEUTRAL | The RSI value for TXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.4 | NEGATIVE | The MACD value suggests TXG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.42 | OVERSOLD | The low Stochastics value suggests TXG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 7.81 | HIGH VOLATILITY | The high ATR as a percentage value for TXG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.6 | NEUTRAL | The ADX value for TXG.CA suggests a possible start of a new trend. |
TSX:TXG (2/13/2026, 7:00:00 PM)
61
+1.36 (+2.28%)
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 4 / 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 40.6332. 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 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 60.99 and a resistance level at 67.68. Check the full technical report for our detailed analysis of TXG.CA support and resistance levels.