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. - Daily - Technical analysis published on 05/10/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 2.39 USD

My targets

2.62 USD (+2.34%)

3.01 USD (+17.46%)

My analysis

The bullish trend is currently very strong on TASEKO MINES LTD.. As long as the price remains above the support at 2.39 USD, you could try to benefit from the boom. The first bullish objective is located at 2.62 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.01 USD as an objective. Crossing it would then enable buyers to target 3.51 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

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

TASEKO MINES LTD. rating 2.56 USD. On the day, this instrument lost -0.39% and was between 2.54 USD and 2.66 USD. This implies that the price is at +0.79% from its lowest and at -3.76% from its highest.

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 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 notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of TASEKO MINES LTD. indicates that the overall trend is strongly bullish. 92.86% 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 does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.52	1.84	2.39	2.56	2.62	3.51	4.24
Change (%)	-40.63%	-28.13%	-6.64%	-	+2.34%	+37.11%	+65.63%
Change	-1.04	-0.72	-0.17	-	+0.06	+0.95	+1.68
Level	Major	Major	Major	-	Major	Minor	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

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):	59.22
MACD (12,26,9):	0.0800
Directional Movement:	14.67
AROON (14):	28.57
DEMA (21):	2.57
Parabolic SAR (0,02-0,02-0,2):	2.40
Elder Ray (13):	0.11
Super Trend (3,10):	2.27
Zig ZAG (10):	2.56
VORTEX (21):	1.0000
Stochastique (14,3,5):	59.26
TEMA (21):	2.52
Williams %R (14):	-33.33
Chande Momentum Oscillator (20):	0.20
Repulse (5,40,3):	0.8300
ROCnROLL:	1
TRIX (15,9):	0.5600
Courbe Coppock:	4.99

MA7:	2.49
MA20:	2.47
MA50:	2.22
MA100:	1.82
MAexp7:	2.51
MAexp20:	2.45
MAexp50:	2.23
MAexp100:	1.96
Price / MA7:	+2.81%
Price / MA20:	+3.64%
Price / MA50:	+15.32%
Price / MA100:	+40.66%
Price / MAexp7:	+1.99%
Price / MAexp20:	+4.49%
Price / MAexp50:	+14.80%
Price / MAexp100:	+30.61%

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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