TOUCHSTONE EXPLORATION INC (TXP.CA) Technical Analysis
TSX:TXP • CA89156L1085
Current stock price
TXP.CA Technical Rating and Analysis
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.
- 94% of all other stocks performed better in the past year than TXP.
- TXP is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 89% of 206 stocks in the same industry do better.
- TXP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month TXP has a been trading in the 0.16 - 0.23 range, which is quite wide. It is currently trading near the lows of this range.
TXP.CA Weekly and Daily overview Charts
TXP.CA Setup Rating and Analysis
The technical rating of TXP is bad and it also does not present a 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
TXP.CA Support and Resistance Analysis
0.16
We found 1 important support area.
- A support zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance 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.
- A resistance zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @0.22 from a trend line in the daily time frame.
- Resistance @0.23 from a horizontal line in the daily time frame.
TXP.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 | 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 | 6.18 | NEGATIVE | TXP.CA has a low relative strength, it was outperformed by 93.82% 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) | 41.12 | NEUTRAL | The RSI value for TXP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TXP.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.89 | OVERSOLD | The low Stochastics value suggests TXP.CA may be oversold. |
| Average True Range in percent/ATR (20) | 7.28 | HIGH VOLATILITY | The high ATR as a percentage value for TXP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.37 | NEGATIVE | The low ADX value for TXP.CA suggests a weak or negative trend. |
TXP.CA Chart- and CandleStick Pattern Analysis
TXP.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TXP (4/23/2026, 7:00:00 PM)
0.17
0 (0%)
TOUCHSTONE EXPLORATION INC / TXP.CA TA FAQ
Can you provide the ChartMill technical rating for TOUCHSTONE EXPLORATION INC?
ChartMill assigns a technical rating of 0 / 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 TOUCHSTONE EXPLORATION INC (TXP.CA) stock?
TOUCHSTONE EXPLORATION INC (TXP.CA) has an RSI value of 41.1159. This indicates that the stock is currently neutral.
What is the short term momentum for TOUCHSTONE EXPLORATION INC (TXP.CA) stock?
The short term momentum for TOUCHSTONE EXPLORATION INC (TXP.CA) is negative.
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.