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. - Daily - Technical analysis published on 07/31/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 2.39 USD
My targets
2.05 USD (-6.39%)
1.84 USD (-15.98%)
My analysis
In the short term, we can see an acceleration in the bearish trend on TASEKO MINES LTD., which is a positive signal for sellers. As long as the price remains above 2.39 USD, a sale could be considered. The first bearish objective is located at 2.05 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.84 USD as an objective. Crossing it would then enable sellers to target 1.52 USD. If the price were to return above 2.39 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5

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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The TASEKO MINES LTD. price is 2.19 USD. The price registered an increase of +6.31% on the session 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
2.19

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of TASEKO MINES LTD. in Daily shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 4 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


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:

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.52 1.84 2.05 2.19 2.39 2.62 3.05
Change (%) -30.59% -15.98% -6.39% - +9.13% +19.63% +39.27%
Change -0.67 -0.35 -0.14 - +0.20 +0.43 +0.86
Level Intermediate Major Intermediate - 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
Standard1.871.972.012.112.152.252.29
Camarilla2.022.032.052.062.072.092.10
Woodie1.851.961.992.102.132.242.27
Fibonacci1.972.022.052.112.162.192.25


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.781.902.032.152.282.402.53
Camarilla2.082.102.132.152.172.202.22
Woodie1.781.902.032.152.282.402.53
Fibonacci1.902.002.062.152.252.312.40


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.731.982.222.472.712.963.20
Camarilla2.322.362.412.452.502.542.59
Woodie1.721.982.212.472.702.963.19
Fibonacci1.982.172.292.472.662.782.96

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 41.90
MACD (12,26,9): -0.1000
Directional Movement: -17.31
AROON (14): -71.43
DEMA (21): 2.15
Parabolic SAR (0,02-0,02-0,2): 2.29
Elder Ray (13): -0.08
Super Trend (3,10): 2.46
Zig ZAG (10): 2.19
VORTEX (21): 0.8000
Stochastique (14,3,5): 18.37
TEMA (21): 2.09
Williams %R (14): -71.70
Chande Momentum Oscillator (20): -0.18
Repulse (5,40,3): -0.9300
ROCnROLL: 2
TRIX (15,9): -0.5100
Courbe Coppock: 27.93
MA7: 2.15
MA20: 2.33
MA50: 2.48
MA100: 2.41
MAexp7: 2.16
MAexp20: 2.27
MAexp50: 2.37
MAexp100: 2.28
Price / MA7: +1.86%
Price / MA20: -6.01%
Price / MA50: -11.69%
Price / MA100: -9.13%
Price / MAexp7: +1.39%
Price / MAexp20: -3.52%
Price / MAexp50: -7.59%
Price / MAexp100: -3.95%

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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