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TRX Gold Corporation

TRX.TO Technical Analysis Summary (TSX)

Analyze TRX.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

TRX.TO●TSX
Basic MaterialsGold
$1.37
$0.12(8.05%)
Canadian Market opens in 10h 40m

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

TRX.TO Technical Analysis Summary (TSX)

TRX Gold Corporation (TSX: TRX.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 36.94)
Trend Strength:Weak (ADX: 18.49)
Volatility:High (ATR: 0.10)
Support/Resistance:$1.35 – $1.88 (Bollinger Bands)

Technical conditions suggest TRX Gold Corporation on the TSX is awaiting a decisive move. Technical conditions suggest TRX Gold Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 36.94

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 20.28

Bearish
Momentum remains weak below midpoint.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -17.47

Strongly Bearish
Sharp downside momentum.

Takeaway:TRX Gold Corporation shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.06

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.49

Weak
Weak trend, market trading sideways.

ATR (14): 0.10

Low
Low volatility, stable price action.

CCI (14): -114.27

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:TRX Gold Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.88
Middle Band (SMA 20)
$1.61
Lower Band
$1.35
Current Position
Within Bands

Takeaway:TRX Gold Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1.76
Middle Line (EMA 20)
$1.57
Lower Channel
$1.37
Squeeze Status
No Squeeze

Takeaway:TRX Gold Corporation trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume605.09K
Money Flow Index40.42Neutral, balanced money flows with no clear signal.
Relative Vigor Index29.47Bearish, price momentum favors sellers.

Overall Takeaway:TRX.TO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of TRX Gold Corporation (TSX: TRX.TO), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

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

(TSX: TRX.TO) Technical Analysis FAQ