Is Torex Gold Resources Inc. stock a buy or sell right now?

Torex Gold Resources Inc. currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Torex Gold Resources Inc.’s RSI?

RSI is 52.20, showing balanced momentum within the normal range.

What does MACD indicate for TORXF?

MACD at -1.15 shows bearish pressure, with downside momentum building.

What are Torex Gold Resources Inc.’s key support and resistance levels?

Support sits around $38.56, while resistance is near $59.64.

Torex Gold Resources Inc.

TORXF•PNK

Basic Materials

Gold

$47.38

$-1.35(-2.77%)

U.S. Market opens in 3h 15m

Torex Gold Resources Inc. (TORXF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Torex Gold Resources Inc. (PNK:TORXF).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

TORXF Technical Analysis Summary

Torex Gold Resources Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Neutral to Bullish (RSI: 52.20)

Trend Strength:Moderate (ADX: 22.42)

Volatility:High (ATR: 3.18)

Support/Resistance:$38.56 – $59.64 (Bollinger Bands)

This mix signals that Torex Gold Resources Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 52.20

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 69.17

Bullish

Buying momentum building without extremes.

Williams %R: -13.18

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 6.52

Strongly Bullish

Strong upside momentum.

Takeaway:Torex Gold Resources Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -1.15

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 22.42

Moderate

Moderate trend, direction gaining strength.

ATR (14): 3.18

Medium

Medium volatility, healthy price movement.

CCI (14): 106.23

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Torex Gold Resources Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators

Bollinger Bands

Upper Band

$59.64

Middle Band (SMA 20)

$49.10

Lower Band

$38.56

Current Position

Within Bands

Takeaway:Torex Gold Resources Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels

Upper Channel

$54.50

Middle Line (EMA 20)

$48.15

Lower Channel

$41.79

Squeeze Status

No Squeeze

Takeaway:Torex Gold Resources Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis

On-Balance Volume427.89K

Money Flow Index43.93Neutral, balanced money flows with no clear signal.

Relative Vigor Index71.07Bullish, price momentum strongly favors buyers.

Overall Takeaway:TORXF shows mixed signals in money flow analysis.

Technical Trading Signals Summary

Based on the current technical analysis of Torex Gold Resources Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Torex Gold Resources Inc. are mixed, suggesting a Hold or wait-and-see approach.