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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
$1.10
$0.02(1.79%)
Canadian Market opens in 17h 48m

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:Neutral to Bearish (RSI: 44.51)
Trend Strength:Weak (ADX: 14.48)
Volatility:High (ATR: 0.09)
Support/Resistance:$0.97 – $1.28 (Bollinger Bands)

Technical conditions suggest TRX Gold Corporation on the TSX is awaiting a decisive move. This mix signals that TRX Gold Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 44.51

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 64.56

Bullish
Buying momentum building without extremes.

Williams %R: -48.28

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -8.33

Strongly Bearish
Sharp downside momentum.

Takeaway:TRX Gold Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.48

Weak
Weak trend, market trading sideways.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): 32.73

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.28
Middle Band (SMA 20)
$1.13
Lower Band
$0.97
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$1.31
Middle Line (EMA 20)
$1.14
Lower Channel
$0.96
Squeeze Status
Squeeze On

Takeaway:TRX Gold Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-3.37M
Money Flow Index35.68Bearish, selling pressure outweighs inflows.
Relative Vigor Index46.52Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:TRX.TO shows bearish money flow, with sellers dominating volume and vigor.

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

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