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 11/01/2024 (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

39%

17%

44%

My opinion

Bearish under 2.39 USD

My targets

2.18 USD (-4.39%)

1.98 USD (-13.16%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 2.39 USD remains possible. It is advisable to trade TASEKO MINES LTD. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 2.39 USD. The next bearish objective for sellers is set at 2.18 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.98 USD. In case of crossing, the next objective would be the support located at 1.82 USD. PS: if there is a bullish break in the resistance located at 2.39 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

3.9

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. price is 2.28 USD. The price registered an increase of +2.24% on the session and was traded between 2.17 USD and 2.33 USD over the period. The price is currently at +5.07% from its lowest and -2.15% from its highest.

2.17

2.33

2.28

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

The study of the highest / lowest by the Central Records scanner shows the following result:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of TASEKO MINES LTD. in 1H shows an overall bearish trend. 78.57% 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. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	R1	Price	R2	R3
ProTrendLines	1.51	1.82	2.18	2.28	2.28	2.39	2.62
Change (%)	-33.77%	-20.18%	-4.39%	0%	-	+4.82%	+14.91%
Change	-0.77	-0.46	-0.10	0	-	+0.11	+0.34
Level	Major	Major	Major	Intermediate	-	Major	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.03	2.10	2.19	2.26	2.35	2.42	2.51
Camarilla	2.24	2.25	2.27	2.28	2.30	2.31	2.32
Woodie	2.04	2.11	2.20	2.27	2.36	2.43	2.52
Fibonacci	2.10	2.16	2.20	2.26	2.32	2.36	2.42

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.98	2.11	2.21	2.34	2.44	2.57	2.67
Camarilla	2.25	2.27	2.29	2.31	2.33	2.35	2.37
Woodie	1.97	2.10	2.20	2.33	2.43	2.56	2.66
Fibonacci	2.11	2.20	2.25	2.34	2.43	2.48	2.57

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.58	1.88	2.06	2.36	2.54	2.84	3.02
Camarilla	2.10	2.14	2.19	2.23	2.27	2.32	2.36
Woodie	1.51	1.85	1.99	2.33	2.47	2.81	2.95
Fibonacci	1.88	2.07	2.18	2.36	2.55	2.66	2.84

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):	46.45
MACD (12,26,9):	-0.0100
Directional Movement:	-2.37
AROON (14):	14.28
DEMA (21):	2.26
Parabolic SAR (0,02-0,02-0,2):	2.19
Elder Ray (13):	0.01
Super Trend (3,10):	2.32
Zig ZAG (10):	2.27
VORTEX (21):	0.9500
Stochastique (14,3,5):	76.04
TEMA (21):	2.27
Williams %R (14):	-34.38
Chande Momentum Oscillator (20):	-0.03
Repulse (5,40,3):	-0.3400
ROCnROLL:	2
TRIX (15,9):	-0.1000
Courbe Coppock:	3.77

MA7:	2.31
MA20:	2.39
MA50:	2.31
MA100:	2.30
MAexp7:	2.28
MAexp20:	2.28
MAexp50:	2.30
MAexp100:	2.34
Price / MA7:	-1.30%
Price / MA20:	-4.60%
Price / MA50:	-1.30%
Price / MA100:	-0.87%
Price / MAexp7:	-0%
Price / MAexp20:	-0%
Price / MAexp50:	-0.87%
Price / MAexp100:	-2.56%

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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