TASEKO MINES LTD.

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	TGB
ISIN:	CA8765111064

TASEKO MINES LTD. - 1H - Technical analysis published on 04/26/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 2.48 USD

My targets

2.62 USD (+2.34%)

2.86 USD (+11.60%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TASEKO MINES LTD. as long as the price remains well above 2.48 USD. The buyers' bullish objective is set at 2.62 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.86 USD. If there is any crossing, the next objective would be the resistance located at 3.51 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

Comment on the 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. price is 2.56 USD. On the day, this instrument gained +3.64% and was traded between 2.46 USD and 2.56 USD over the period. The price is currently at +4.07% from its lowest and 0% from its highest.

2.46

2.56

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this 1H chart of TASEKO MINES LTD. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 17 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.15	2.39	2.48	2.56	2.62	3.51	4.24
Change (%)	-16.02%	-6.64%	-3.13%	-	+2.34%	+37.11%	+65.63%
Change	-0.41	-0.17	-0.08	-	+0.06	+0.95	+1.68
Level	Minor	Major	Minor	-	Major	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.29	2.34	2.40	2.45	2.51	2.56	2.62
Camarilla	2.44	2.45	2.46	2.47	2.48	2.49	2.50
Woodie	2.31	2.34	2.42	2.45	2.53	2.56	2.64
Fibonacci	2.34	2.38	2.41	2.45	2.49	2.52	2.56

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.08	2.21	2.34	2.47	2.60	2.73	2.86
Camarilla	2.39	2.41	2.44	2.46	2.48	2.51	2.53
Woodie	2.07	2.21	2.33	2.47	2.59	2.73	2.85
Fibonacci	2.21	2.31	2.37	2.47	2.57	2.63	2.73

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.95	1.22	1.70	1.97	2.45	2.72	3.20
Camarilla	1.96	2.03	2.10	2.17	2.24	2.31	2.38
Woodie	1.05	1.27	1.80	2.02	2.55	2.77	3.30
Fibonacci	1.22	1.51	1.69	1.97	2.26	2.44	2.72

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):	68.89
MACD (12,26,9):	0.0200
Directional Movement:	16.16
AROON (14):	92.86
DEMA (21):	2.47
Parabolic SAR (0,02-0,02-0,2):	2.41
Elder Ray (13):	0.07
Super Trend (3,10):	2.42
Zig ZAG (10):	2.54
VORTEX (21):	1.1400
Stochastique (14,3,5):	92.79
TEMA (21):	2.51
Williams %R (14):	-1.43
Chande Momentum Oscillator (20):	0.20
Repulse (5,40,3):	3.1700
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	10.79

MA7:	2.44
MA20:	2.43
MA50:	2.02
MA100:	1.70
MAexp7:	2.49
MAexp20:	2.45
MAexp50:	2.44
MAexp100:	2.41
Price / MA7:	+4.92%
Price / MA20:	+5.35%
Price / MA50:	+26.73%
Price / MA100:	+50.59%
Price / MAexp7:	+2.81%
Price / MAexp20:	+4.49%
Price / MAexp50:	+4.92%
Price / MAexp100:	+6.22%

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:

This member declared not having a position on this financial instrument or a related financial instrument.

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