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 05/10/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 2.49 USD

My targets

2.62 USD (+2.34%)

2.71 USD (+5.86%)

My analysis

TASEKO MINES LTD. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2.49 USD. The next resistance located at 2.62 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 2.71 USD. After this resistance, buyers could then target 3.51 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.5

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.

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Additional analysis

Quotes

The TASEKO MINES LTD. price is 2.56 USD. On the day, this instrument lost -0.39% with the lowest point at 2.54 USD and the highest point at 2.66 USD. The deviation from the price is +0.79% for the low point and -3.76% for the high point.

2.54

2.66

2.56

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

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

Abnormal volumes on TASEKO MINES LTD. were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in 1H of this TASEKO MINES LTD. chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : 1 hour

The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Three black crows

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.15	2.34	2.39	2.56	2.62	2.71	3.51
Change (%)	-16.02%	-8.59%	-6.64%	-	+2.34%	+5.86%	+37.11%
Change	-0.41	-0.22	-0.17	-	+0.06	+0.15	+0.95
Level	Minor	Major	Major	-	Major	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.37	2.41	2.49	2.53	2.61	2.65	2.73
Camarilla	2.54	2.55	2.56	2.57	2.58	2.59	2.60
Woodie	2.39	2.42	2.51	2.54	2.63	2.66	2.75
Fibonacci	2.41	2.46	2.48	2.53	2.58	2.60	2.65

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.89	2.12	2.26	2.49	2.63	2.86	3.00
Camarilla	2.31	2.34	2.38	2.41	2.44	2.48	2.51
Woodie	1.86	2.10	2.23	2.47	2.60	2.84	2.97
Fibonacci	2.12	2.26	2.35	2.49	2.63	2.72	2.86

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.59	1.87	2.16	2.44	2.73	3.01	3.30
Camarilla	2.30	2.36	2.41	2.46	2.51	2.57	2.62
Woodie	1.61	1.87	2.18	2.44	2.75	3.01	3.32
Fibonacci	1.87	2.08	2.22	2.44	2.65	2.79	3.01

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	58.47
MACD (12,26,9):	0.0300
Directional Movement:	16.12
AROON (14):	78.57
DEMA (21):	2.57
Parabolic SAR (0,02-0,02-0,2):	2.50
Elder Ray (13):	0.01
Super Trend (3,10):	2.52
Zig ZAG (10):	2.57
VORTEX (21):	0.9900
Stochastique (14,3,5):	62.32
TEMA (21):	2.59
Williams %R (14):	-41.30
Chande Momentum Oscillator (20):	0.12
Repulse (5,40,3):	-1.6200
ROCnROLL:	1
TRIX (15,9):	0.1300
Courbe Coppock:	8.50

MA7:	2.49
MA20:	2.47
MA50:	2.22
MA100:	1.82
MAexp7:	2.57
MAexp20:	2.53
MAexp50:	2.50
MAexp100:	2.47
Price / MA7:	+2.81%
Price / MA20:	+3.64%
Price / MA50:	+15.32%
Price / MA100:	+40.66%
Price / MAexp7:	-0.39%
Price / MAexp20:	+1.19%
Price / MAexp50:	+2.40%
Price / MAexp100:	+3.64%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News

The last news published on TASEKO MINES LTD. at the time of the generation of this analysis was as follows:

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

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