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 10/10/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 2.50 USD
My targets
2.58 USD (+1.57%)
2.65 USD (+4.33%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on TASEKO MINES LTD. as long as the price remains well above 2.50 USD. The buyers' bullish objective is set at 2.58 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.65 USD. If there is any crossing, the next objective would be the resistance located at 3.05 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

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
4.1

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 2.54 USD. On the day, this instrument gained +2.42% and was between 2.45 USD and 2.55 USD. This implies that the price is at +3.67% from its lowest and at -0.39% from its highest.

2.45
2.55
2.54

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by TASEKO MINES LTD.:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of TASEKO MINES LTD. in 1H shows an overall bullish trend. 67.86% 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. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.28 2.39 2.50 2.54 2.58 2.65 3.05
Change (%) -10.24% -5.91% -1.57% - +1.57% +4.33% +20.08%
Change -0.26 -0.15 -0.04 - +0.04 +0.11 +0.51
Level Minor Major Intermediate - Minor Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.372.412.442.482.512.552.58
Camarilla2.462.472.472.482.492.492.50
Woodie2.382.412.452.482.522.552.59
Fibonacci2.412.432.452.482.502.522.55


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.352.422.532.602.712.782.89
Camarilla2.592.612.622.642.662.672.69
Woodie2.372.432.552.612.732.792.91
Fibonacci2.422.492.532.602.672.712.78


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.291.592.052.352.813.113.57
Camarilla2.312.382.452.522.592.662.73
Woodie1.381.632.142.392.903.153.66
Fibonacci1.591.882.062.352.642.823.11

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): 51.03
MACD (12,26,9): -0.0200
Directional Movement: 0.70
AROON (14): 64.29
DEMA (21): 2.50
Parabolic SAR (0,02-0,02-0,2): 2.44
Elder Ray (13): 0.03
Super Trend (3,10): 2.58
Zig ZAG (10): 2.53
VORTEX (21): 0.9400
Stochastique (14,3,5): 79.49
TEMA (21): 2.48
Williams %R (14): -18.18
Chande Momentum Oscillator (20): 0.02
Repulse (5,40,3): 1.1200
ROCnROLL: 1
TRIX (15,9): -0.1400
Courbe Coppock: 4.44
MA7: 2.57
MA20: 2.42
MA50: 2.23
MA100: 2.35
MAexp7: 2.51
MAexp20: 2.52
MAexp50: 2.53
MAexp100: 2.48
Price / MA7: -1.17%
Price / MA20: +4.96%
Price / MA50: +13.90%
Price / MA100: +8.09%
Price / MAexp7: +1.20%
Price / MAexp20: +0.79%
Price / MAexp50: +0.40%
Price / MAexp100: +2.42%

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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