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 04/09/2024 (GMT)

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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

89%

11%

My opinion

Bullish above 2.47 USD

My targets

2.62 USD (+1.95%)

2.87 USD (+11.56%)

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 2.47 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 2.87 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, 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

8.9

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

The TASEKO MINES LTD. price is 2.57 USD. The price has increased by +4.90% since the last closing and was traded between 2.48 USD and 2.58 USD over the period. The price is currently at +3.63% from its lowest and -0.39% from its highest.

2.48

2.58

2.57

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

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

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 : 5 days

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 92.86% 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, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.29	2.39	2.47	2.57	2.62	3.51	4.24
Change (%)	-10.89%	-7.00%	-3.89%	-	+1.95%	+36.58%	+64.98%
Change	-0.28	-0.18	-0.10	-	+0.05	+0.94	+1.67
Level	Intermediate	Major	Minor	-	Intermediate	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	2.29	2.34	2.39	2.44	2.49	2.54	2.59
Camarilla	2.42	2.43	2.44	2.45	2.46	2.47	2.48
Woodie	2.30	2.34	2.40	2.44	2.50	2.54	2.60
Fibonacci	2.34	2.38	2.40	2.44	2.48	2.50	2.54

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.85	1.99	2.19	2.33	2.53	2.67	2.87
Camarilla	2.29	2.32	2.35	2.38	2.41	2.44	2.47
Woodie	1.87	2.01	2.21	2.35	2.55	2.69	2.89
Fibonacci	1.99	2.12	2.20	2.33	2.46	2.54	2.67

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

Technical indicators

Moving averages

RSI (14):	69.61
MACD (12,26,9):	0.0500
Directional Movement:	29.15
AROON (14):	92.86
DEMA (21):	2.49
Parabolic SAR (0,02-0,02-0,2):	2.35
Elder Ray (13):	0.07
Super Trend (3,10):	2.39
Zig ZAG (10):	2.54
VORTEX (21):	1.0800
Stochastique (14,3,5):	80.10
TEMA (21):	2.50
Williams %R (14):	-17.24
Chande Momentum Oscillator (20):	0.16
Repulse (5,40,3):	2.2400
ROCnROLL:	1
TRIX (15,9):	0.2200
Courbe Coppock:	10.00

MA7:	2.38
MA20:	2.12
MA50:	1.75
MA100:	1.53
MAexp7:	2.50
MAexp20:	2.43
MAexp50:	2.34
MAexp100:	2.21
Price / MA7:	+7.98%
Price / MA20:	+21.23%
Price / MA50:	+46.86%
Price / MA100:	+67.97%
Price / MAexp7:	+2.80%
Price / MAexp20:	+5.76%
Price / MAexp50:	+9.83%
Price / MAexp100:	+16.29%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News

Don't forget to follow the news on TASEKO MINES LTD.. At the time of publication of this analysis, the latest news was as follows:

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

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