TOUCHSTONE EXPLORATION INC (TXP.CA) Stock Technical Analysis
Canada - TSX:TXP - CA89156L1085 - Common Stock
Taking everything into account, TXP scores 0 out of 10 in our technical rating. TXP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
TXP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.22, a Stop Loss order could be placed below this zone.
More info and screens
0.22
When analyzing the support we notice one important area.
- A support zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.26 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for TXP.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TXP.CA is down. |
| ChartMill Relative Strength | 3.87 | NEGATIVE | TXP.CA has a low relative strength, it was outperformed by 96.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TXP.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TXP.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TXP.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.48 | NEUTRAL | The RSI value for TXP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TXP.CA has a positive trend. |
| Stochastics (14,3) | 46.67 | NEUTRAL | The Stochastics value for TXP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for TXP.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.03 | NEGATIVE | The low ADX value for TXP.CA suggests a weak or negative trend. |
TSX:TXP (11/7/2025, 7:00:00 PM)
0.225
+0.01 (+2.27%)
TOUCHSTONE EXPLORATION INC / TXP.CA FAQ
Can you provide the ChartMill technical rating for TOUCHSTONE EXPLORATION INC?
ChartMill assigns a technical rating of 0 / 10 to TXP.CA.
What is the current trend direction of TOUCHSTONE EXPLORATION INC (TXP.CA) stock?
The current trend direction for TOUCHSTONE EXPLORATION INC (TXP.CA) is Bearish.
What is the RSI signal for TXP stock?
TOUCHSTONE EXPLORATION INC (TXP.CA) has an RSI value of 47.4782. This indicates that the stock is currently neutral.
What is the buy/sell signal for TXP stock?
The buy/sell signal for TOUCHSTONE EXPLORATION INC (TXP.CA) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for TOUCHSTONE EXPLORATION INC (TXP.CA) stock?
TOUCHSTONE EXPLORATION INC (TXP.CA) has a support level at 0.22 and a resistance level at 0.23. Check the full technical report for our detailed analysis of TXP.CA support and resistance levels.