TASEKO MINES LTD. - Daily - Technical analysis published on 01/19/2024 (GMT)
- 112
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
22%
50%
28%
My opinion
Neutral between 1.22 USD and 1.35 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 1.22 USD. The first resistance is located at 1.35 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TASEKO MINES LTD. rating is 1.32 USD. The price has increased by +1.54% since the last closing and was traded between 1.28 USD and 1.32 USD over the period. The price is currently at +3.13% from its lowest and 0% from its highest.1.28
1.32
1.32
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this TASEKO MINES LTD. chart shows a slightly bearish trend. Only 50.00% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
On the 18 technical indicators analysed, 4 are bullish, 5 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Black hanging man / hammer
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.91 | 1.07 | 1.22 | 1.32 | 1.33 | 1.51 | 1.67 |
| Change (%) | -31.06% | -18.94% | -7.58% | - | +0.76% | +14.39% | +26.52% |
| Change | -0.41 | -0.25 | -0.10 | - | +0.01 | +0.19 | +0.35 |
| Level | Major | Intermediate | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.23 | 1.27 | 1.28 | 1.32 | 1.33 | 1.37 | 1.38 |
| Camarilla | 1.29 | 1.29 | 1.30 | 1.30 | 1.31 | 1.31 | 1.31 |
| Woodie | 1.23 | 1.26 | 1.28 | 1.31 | 1.33 | 1.36 | 1.38 |
| Fibonacci | 1.27 | 1.29 | 1.30 | 1.32 | 1.34 | 1.35 | 1.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.20 | 1.27 | 1.36 | 1.43 | 1.52 | 1.59 | 1.68 |
| Camarilla | 1.41 | 1.42 | 1.44 | 1.45 | 1.47 | 1.48 | 1.49 |
| Woodie | 1.21 | 1.28 | 1.37 | 1.44 | 1.53 | 1.60 | 1.69 |
| Fibonacci | 1.27 | 1.33 | 1.37 | 1.43 | 1.49 | 1.53 | 1.59 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.83 | 0.99 | 1.19 | 1.35 | 1.55 | 1.71 | 1.91 |
| Camarilla | 1.30 | 1.33 | 1.37 | 1.40 | 1.43 | 1.47 | 1.50 |
| Woodie | 0.86 | 1.00 | 1.22 | 1.36 | 1.58 | 1.72 | 1.94 |
| Fibonacci | 0.99 | 1.12 | 1.21 | 1.35 | 1.48 | 1.57 | 1.71 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 44.64 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | -0.43 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 1.39 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.49 | |
| Elder Ray (13): | -0.08 | |
| Super Trend (3,10): | 1.29 | |
| Zig ZAG (10): | 1.31 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 3.79 | |
| TEMA (21): | 1.37 | |
| Williams %R (14): | -88.64 | |
| Chande Momentum Oscillator (20): | -0.07 | |
| Repulse (5,40,3): | -5.3700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.3400 | |
| Courbe Coppock: | 8.73 |
| MA7: | 1.38 | |
| MA20: | 1.40 | |
| MA50: | 1.30 | |
| MA100: | 1.28 | |
| MAexp7: | 1.35 | |
| MAexp20: | 1.36 | |
| MAexp50: | 1.32 | |
| MAexp100: | 1.32 | |
| Price / MA7: | -4.35% | |
| Price / MA20: | -5.71% | |
| Price / MA50: | +1.54% | |
| Price / MA100: | +3.13% | |
| Price / MAexp7: | -2.22% | |
| Price / MAexp20: | -2.94% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | -0% |
Quotes :
-
15 min delayed data
-
NYSE MKT Stocks
News
The latest news and videos published on TASEKO MINES LTD. at the time of the analysis were as follows:
- Taseko Provides Financing and Construction Update for the Florence Copper Project
- Taseko Mines Limited - Taseko Mines Provides Update on Florence Copper
- Taseko Mines Limited - Taseko Announces a 26% Increase in Annual Copper Production
- Taseko Announces a 26% Increase in Annual Copper Production from its Gibraltar Mine
- Taseko Mines Announces Senior Management Appointments
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis TASEKO MINES LTD. - Daily