Technical Analysis for TORXF - Torex Gold Resources Inc

Grade Last Price % Change Price Change
grade A 16.47 2.43% 0.3900
TORXF closed up 2.43 percent on Wednesday, July 8, 2020, on 1.27 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical TORXF trend table...

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Slingshot Bullish Bullish Swing Setup 2.43%
Outside Day Range Expansion 2.43%
Wide Bands Range Expansion 2.43%
Overbought Stochastic Strength 2.43%
Wide Bands Range Expansion 3.00%
Overbought Stochastic Strength 3.00%
Older signals for TORXF ...

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Profile

Torex Gold Resources Inc. engages in the exploration, development, and operation of mineral properties. The company explores for gold, silver, and copper deposits. It principally holds a 100% interest in the Morelos Gold property comprising the El Limón Guajes mine and the Media Luna project covering a total area of approximately 29,000 hectares located in the Guerrero Gold Belt in southern Mexico. The company was formerly known as Gleichen Resources Ltd. and changed its name to Torex Gold Resources Inc. in April 2010. Torex Gold Resources Inc. was founded in 1980 and is based in Toronto, Canada.
Guerrero Gold Belt

Is TORXF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 16.89
52 Week Low 6.19
Average Volume 71,216
200-Day Moving Average 13.4582
50-Day Moving Average 14.0485
20-Day Moving Average 14.4154
10-Day Moving Average 15.4658
Average True Range 0.8303
ADX 15.21
+DI 26.0297
-DI 17.7655
Chandelier Exit (Long, 3 ATRs ) 14.0891
Chandelier Exit (Short, 3 ATRs ) 14.4509
Upper Bollinger Band 16.7913
Lower Bollinger Band 12.0395
Percent B (%b) 0.93
BandWidth 32.9634
MACD Line 0.7480
MACD Signal Line 0.5256
MACD Histogram 0.2224
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.1000
Resistance 3 (R3) 17.0667 16.8233 16.9950
Resistance 2 (R2) 16.8233 16.6629 16.8400 16.9600
Resistance 1 (R1) 16.6467 16.5638 16.7350 16.6800 16.9250
Pivot Point 16.4033 16.4033 16.4475 16.4200 16.4033
Support 1 (S1) 16.2267 16.2429 16.3150 16.2600 16.0150
Support 2 (S2) 15.9833 16.1438 16.0000 15.9800
Support 3 (S3) 15.8067 15.9833 15.9450
Support 4 (S4) 15.8400