TASEKO MINES LTD.
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 04/18/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 2.48 USD
My targets
2.62 USD (+1.95%)
2.79 USD (+8.44%)
My analysis
A bullish trend on TASEKO MINES LTD. both in substance and in the short term. A purchase could be considered as long as the price remains above 2.48 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 2.62 USD. Then the price could move towards 2.79 USD. Then 3.51 USD by extension. Be careful, a return below 2.48 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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
0
10
5.5

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:
15 min. Daily Weekly

Additional analysis

Quotes

The TASEKO MINES LTD. price is 2.57 USD. The price registered an increase of +4.90% on the session and was traded between 2.47 USD and 2.57 USD over the period. The price is currently at +4.05% from its lowest and 0% from its highest.

2.47
2.57
2.57

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this TASEKO MINES LTD. chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.15 2.39 2.48 2.57 2.62 3.51 4.24
Change (%) -16.34% -7.00% -3.50% - +1.95% +36.58% +64.98%
Change -0.42 -0.18 -0.09 - +0.05 +0.94 +1.67
Level Minor Major Minor - Major Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.272.362.402.492.532.622.66
Camarilla2.412.432.442.452.462.472.49
Woodie2.262.352.392.482.522.612.65
Fibonacci2.362.412.442.492.542.572.62


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.192.282.392.482.592.682.79
Camarilla2.442.452.472.492.512.532.55
Woodie2.192.292.392.492.592.692.79
Fibonacci2.282.362.412.482.562.612.68


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.951.221.701.972.452.723.20
Camarilla1.962.032.102.172.242.312.38
Woodie1.051.271.802.022.552.773.30
Fibonacci1.221.511.691.972.262.442.72

Numerical data


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

Technical indicators
Moving averages

RSI (14): 54.08
MACD (12,26,9): 0.0000
Directional Movement: 8.37
AROON (14): 42.86
DEMA (21): 2.48
Parabolic SAR (0,02-0,02-0,2): 2.38
Elder Ray (13): 0.01
Super Trend (3,10): 2.59
Zig ZAG (10): 2.52
VORTEX (21): 0.8900
Stochastique (14,3,5): 49.17
TEMA (21): 2.47
Williams %R (14): -40.00
Chande Momentum Oscillator (20): 0.06
Repulse (5,40,3): -0.2200
ROCnROLL: 1
TRIX (15,9): -0.0200
Courbe Coppock: 1.29
MA7: 2.48
MA20: 2.33
MA50: 1.90
MA100: 1.62
MAexp7: 2.48
MAexp20: 2.48
MAexp50: 2.47
MAexp100: 2.38
Price / MA7: +3.63%
Price / MA20: +10.30%
Price / MA50: +35.26%
Price / MA100: +58.64%
Price / MAexp7: +3.63%
Price / MAexp20: +3.63%
Price / MAexp50: +4.05%
Price / MAexp100: +7.98%

Quotes : - 15 min delayed data - NYSE MKT Stocks

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

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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…

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