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 06/28/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

17%

67%

17%

My opinion

Bearish under 2.50 USD

My targets

2.39 USD (-3.63%)

2.24 USD (-9.68%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on TASEKO MINES LTD.. As long as you are under the resistance located at 2.50 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 2.39 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 2.24 USD as an objective. Crossing it would then enable sellers to target 1.84 USD. If the resistance 2.50 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

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

Force

5.2

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

TASEKO MINES LTD. rating 2.48 USD. The price has increased by +1.64% since the last closing with the lowest point at 2.45 USD and the highest point at 2.54 USD. The deviation from the price is +1.22% for the low point and -2.36% for the high point.

2.45

2.54

2.48

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

Here is a more detailed summary of the historical variations registered by TASEKO MINES LTD.:

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 1H chart of TASEKO MINES LTD. indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. An assessment of moving averages reveals several bearish signals that could impact this trend:

Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour

In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Near support of channel

Type : Bullish

Timeframe : 1 hour

Support of triangle is broken

Type : Bearish

Timeframe : 1 hour

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.84	2.24	2.39	2.48	2.62	2.75	3.05
Change (%)	-25.81%	-9.68%	-3.63%	-	+5.65%	+10.89%	+22.98%
Change	-0.64	-0.24	-0.09	-	+0.14	+0.27	+0.57
Level	Intermediate	Minor	Major	-	Major	Intermediate	Major

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
Standard	2.34	2.39	2.41	2.46	2.48	2.53	2.55
Camarilla	2.42	2.43	2.43	2.44	2.45	2.45	2.46
Woodie	2.34	2.38	2.41	2.45	2.48	2.52	2.55
Fibonacci	2.39	2.41	2.43	2.46	2.48	2.50	2.53

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.92	2.11	2.31	2.50	2.70	2.89	3.09
Camarilla	2.40	2.44	2.47	2.51	2.55	2.58	2.62
Woodie	1.93	2.11	2.32	2.50	2.71	2.89	3.10
Fibonacci	2.11	2.26	2.35	2.50	2.65	2.74	2.89

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.54	1.94	2.35	2.75	3.16	3.56	3.97
Camarilla	2.54	2.61	2.69	2.76	2.83	2.91	2.98
Woodie	1.55	1.94	2.36	2.75	3.17	3.56	3.98
Fibonacci	1.94	2.25	2.44	2.75	3.06	3.25	3.56

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):	34.64
MACD (12,26,9):	-0.0200
Directional Movement:	-9.33
AROON (14):	-92.86
DEMA (21):	2.45
Parabolic SAR (0,02-0,02-0,2):	2.53
Elder Ray (13):	-0.03
Super Trend (3,10):	2.53
Zig ZAG (10):	2.43
VORTEX (21):	0.7000
Stochastique (14,3,5):	14.78
TEMA (21):	2.43
Williams %R (14):	-100.00
Chande Momentum Oscillator (20):	-0.02
Repulse (5,40,3):	-1.4300
ROCnROLL:	2
TRIX (15,9):	-0.1300
Courbe Coppock:	4.15

MA7:	2.54
MA20:	2.49
MA50:	2.57
MA100:	2.21
MAexp7:	2.45
MAexp20:	2.48
MAexp50:	2.49
MAexp100:	2.50
Price / MA7:	-2.36%
Price / MA20:	-0.40%
Price / MA50:	-3.50%
Price / MA100:	+12.22%
Price / MAexp7:	+1.22%
Price / MAexp20:	-0%
Price / MAexp50:	-0.40%
Price / MAexp100:	-0.80%

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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