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TRX Gold Corporation

TRX Technical Analysis Summary (AMEX)

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

TRX●AMEX
Basic MaterialsGold
$1.10
$0.03(2.80%)
U.S. Market opens in 16h 19m

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 Technical Analysis Summary (AMEX)

TRX Gold Corporation (AMEX: TRX) stock currently shows a bullish trend on the AMEX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 69.82)
Trend Strength:Moderate (ADX: 28.67)
Volatility:High (ATR: 0.07)
Support/Resistance:$0.62 – $1.06 (Bollinger Bands)

Technical conditions suggest TRX Gold Corporation on the AMEX is awaiting a decisive move. Overall, TRX Gold Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 69.82

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 88.89

Bearish
Overbought levels may trigger pullback.

Williams %R: -8.33

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 25.42

Strongly Bullish
Strong upside momentum.

Takeaway:TRX Gold Corporation shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.05

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.67

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.07

Low
Low volatility, stable price action.

CCI (14): 124.99

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:TRX Gold Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.06
Middle Band (SMA 20)
$0.84
Lower Band
$0.62
Current Position
Above Upper Band

Takeaway:TRX Gold Corporation trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$1.03
Middle Line (EMA 20)
$0.89
Lower Channel
$0.76
Squeeze Status
No Squeeze

Takeaway:TRX Gold Corporation trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume8.05M
Money Flow Index66.95Bullish, inflows support continued momentum.
Relative Vigor Index87.77Bullish, price momentum strongly favors buyers.

Overall Takeaway:TRX shows bullish money flow, with volume and vigor supporting buyers.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:TRX Gold Corporation currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(AMEX: TRX) Technical Analysis FAQ