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 07/31/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

61%

11%

28%

My opinion

Bullish above 2.14 USD

My targets

2.29 USD (+4.57%)

2.39 USD (+9.13%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for TASEKO MINES LTD. as long as the price remains well above 2.14 USD. The buyers' bullish objective is set at 2.29 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.39 USD. If there is any crossing, the next objective would be the resistance located at 2.44 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 2.29 USD. On this resistance, against the trend traders who would like to go short on TASEKO MINES LTD. with a bearish signal from their trading strategy, should not hesitate to act.

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

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. rating is 2.19 USD. The price has increased by +6.31% since the last closing and was traded between 2.10 USD and 2.19 USD over the period. The price is currently at +4.29% from its lowest and 0% from its highest.

2.10

2.19

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

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 result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this TASEKO MINES LTD. chart shows a slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

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 50

Type : Bullish

Timeframe : 1 hour

The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.84	2.05	2.14	2.19	2.29	2.39	2.44
Change (%)	-15.98%	-6.39%	-2.28%	-	+4.57%	+9.13%	+11.42%
Change	-0.35	-0.14	-0.05	-	+0.10	+0.20	+0.25
Level	Major	Intermediate	Intermediate	-	Minor	Major	Intermediate

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	1.87	1.97	2.01	2.11	2.15	2.25	2.29
Camarilla	2.02	2.03	2.05	2.06	2.07	2.09	2.10
Woodie	1.85	1.96	1.99	2.10	2.13	2.24	2.27
Fibonacci	1.97	2.02	2.05	2.11	2.16	2.19	2.25

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.78	1.90	2.03	2.15	2.28	2.40	2.53
Camarilla	2.08	2.10	2.13	2.15	2.17	2.20	2.22
Woodie	1.78	1.90	2.03	2.15	2.28	2.40	2.53
Fibonacci	1.90	2.00	2.06	2.15	2.25	2.31	2.40

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.73	1.98	2.22	2.47	2.71	2.96	3.20
Camarilla	2.32	2.36	2.41	2.45	2.50	2.54	2.59
Woodie	1.72	1.98	2.21	2.47	2.70	2.96	3.19
Fibonacci	1.98	2.17	2.29	2.47	2.66	2.78	2.96

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):	55.73
MACD (12,26,9):	-0.0100
Directional Movement:	10.60
AROON (14):	-42.86
DEMA (21):	2.12
Parabolic SAR (0,02-0,02-0,2):	2.06
Elder Ray (13):	0.03
Super Trend (3,10):	2.04
Zig ZAG (10):	2.18
VORTEX (21):	0.9500
Stochastique (14,3,5):	71.29
TEMA (21):	2.13
Williams %R (14):	-17.24
Chande Momentum Oscillator (20):	0.05
Repulse (5,40,3):	1.6100
ROCnROLL:	-1
TRIX (15,9):	-0.0800
Courbe Coppock:	1.97

MA7:	2.15
MA20:	2.32
MA50:	2.48
MA100:	2.41
MAexp7:	2.15
MAexp20:	2.14
MAexp50:	2.17
MAexp100:	2.24
Price / MA7:	+1.86%
Price / MA20:	-5.60%
Price / MA50:	-11.69%
Price / MA100:	-9.13%
Price / MAexp7:	+1.86%
Price / MAexp20:	+2.34%
Price / MAexp50:	+0.92%
Price / MAexp100:	-2.23%

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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