TOUCHSTONE EXPLORATION INC (TXP.CA) Stock Technical Analysis
TSX:TXP - Toronto Stock Exchange - CA89156L1085 - Common Stock - Currency: CAD
Taking everything into account, TXP scores 0 out of 10 in our technical rating. TXP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, TXP is a bad performer in the overall market: 98% of all stocks are doing better.
TXP is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, of which 88% are performing better than TXP.
TXP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TXP has a been trading in the 0.23 - 0.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, TXP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.28. Right above this resistance zone may be a good entry point.
More info and screens
0.26
0.36
3 important resistance areas can be observed.
- A resistance zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 2.75 | NEGATIVE | TXP.CA has a low relative strength, it was outperformed by 97.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TXP.CA is below 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) | 36.44 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 48.06 | NEUTRAL | The Stochastics value for TXP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.22 | HIGH VOLATILITY | The high ATR as a percentage value for TXP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.5 | NEGATIVE | The low ADX value for TXP.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:TXP (7/28/2025, 7:00:00 PM)
0.26
-0.01 (-3.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.7%
1 Week-1.89%
2 Weeks-5.45%
1 Month-28.77%
3 Month-31.58%
6 Month-38.82%
12 Month-54.39%
2 Year-80.88%
3 Year-72.04%
5 Year-79.53%
10 Year18.18%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%8.22%
ATR Inc-9.09%
Range Today0.02
ADR(20)0.02
ADR(20)%5.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.75
Mansfield-4.71
10 Day High0.29
10 Day Low0.25
20 Day High0.33
20 Day Low0.23
52 Week High0.69
52 Week Low0.23
CS1 EndN/A
CR1 Start0.28
Volume & EV
DER(3)0.38%
DER(5)0.23%
Volume232.02K
Volume Incr-25.64%
Vol(5)121.99K
Vol(50)114.07K