TOUCHSTONE EXPLORATION INC (TXP.CA) Technical Analysis
TSX:TXP • CA89156L1085
Overall TXP gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. TXP was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, TXP is a bad performer in the overall market: 80% of all stocks are doing better.
- TXP is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 81% of 212 stocks in the same industry do better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month TXP has a been trading in the 0.15 - 0.24 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- TXP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TXP is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TXP has an average technical rating and it also 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
0.16
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.16 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @0.21 from a horizontal line in the weekly time frame.
- Resistance @0.23 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for TXP.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TXP.CA is up. |
| ChartMill Relative Strength | 20.4 | NEGATIVE | TXP.CA has a low relative strength, it was outperformed by 79.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TXP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TXP.CA is above the rising 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) | 61.41 | NEUTRAL | The RSI value for TXP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TXP.CA has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for TXP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.46 | HIGH VOLATILITY | The high ATR as a percentage value for TXP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.34 | POSITIVE | The high ADX value value for TXP.CA suggests a strong trend. |
TXP.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TXP (3/9/2026, 7:00:00 PM)
0.205
0 (0%)
TOUCHSTONE EXPLORATION INC / TXP.CA FAQ
Can you provide the ChartMill technical rating for TOUCHSTONE EXPLORATION INC?
ChartMill assigns a technical rating of 5 / 10 to TXP.CA.
Can you provide the trend direction for TOUCHSTONE EXPLORATION INC?
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 61.4146. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for TOUCHSTONE EXPLORATION INC?
TOUCHSTONE EXPLORATION INC (TXP.CA) has a support level at 0.18 and a resistance level at 0.21. Check the full technical report for our detailed analysis of TXP.CA support and resistance levels.