TASEKO MINES LTD. - Daily - Technical analysis published on 11/20/2024 (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
39%
44%
17%
My opinion
Bearish under 2.21 USD
My targets
2.05 USD (-2.84%)
1.82 USD (-13.74%)
My analysis
TASEKO MINES LTD. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 2.21 USD. The next support located at 2.05 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.82 USD. Below this support, sellers could then target 1.51 USD.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.8
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 2.11 USD. On the day, this instrument gained +1.44% and was traded between 2.07 USD and 2.11 USD over the period. The price is currently at +1.93% from its lowest and 0% from its highest.2.07
2.11
2.11
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in Daily of this TASEKO MINES LTD. chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 3 are neutral and 8 are bearish. The Central Indicators scanner found this result concerning these indicators:
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 support of channel
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.51 | 1.82 | 2.05 | 2.11 | 2.21 | 2.39 | 2.62 |
Change (%) | -28.44% | -13.74% | -2.84% | - | +4.74% | +13.27% | +24.17% |
Change | -0.60 | -0.29 | -0.06 | - | +0.10 | +0.28 | +0.51 |
Level | Major | Major | Intermediate | - | Intermediate | Major | Intermediate |
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 | 1.95 | 1.99 | 2.03 | 2.07 | 2.11 | 2.15 | 2.19 |
Camarilla | 2.06 | 2.07 | 2.07 | 2.08 | 2.09 | 2.10 | 2.10 |
Woodie | 1.96 | 1.99 | 2.04 | 2.07 | 2.12 | 2.15 | 2.20 |
Fibonacci | 1.99 | 2.02 | 2.04 | 2.07 | 2.10 | 2.12 | 2.15 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.44 | 1.70 | 1.83 | 2.09 | 2.22 | 2.48 | 2.61 |
Camarilla | 1.86 | 1.90 | 1.93 | 1.97 | 2.01 | 2.04 | 2.08 |
Woodie | 1.39 | 1.67 | 1.78 | 2.06 | 2.17 | 2.45 | 2.56 |
Fibonacci | 1.70 | 1.85 | 1.94 | 2.09 | 2.24 | 2.33 | 2.48 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 43.69 | |
MACD (12,26,9): | -0.0800 | |
Directional Movement: | -9.09 | |
AROON (14): | -42.86 | |
DEMA (21): | 2.10 | |
Parabolic SAR (0,02-0,02-0,2): | 2.38 | |
Elder Ray (13): | -0.06 | |
Super Trend (3,10): | 2.42 | |
Zig ZAG (10): | 2.10 | |
VORTEX (21): | 0.8200 | |
Stochastique (14,3,5): | 20.70 | |
TEMA (21): | 2.03 | |
Williams %R (14): | -75.00 | |
Chande Momentum Oscillator (20): | -0.13 | |
Repulse (5,40,3): | 0.9300 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.3800 | |
Courbe Coppock: | 18.64 |
MA7: | 2.06 | |
MA20: | 2.23 | |
MA50: | 2.33 | |
MA100: | 2.26 | |
MAexp7: | 2.10 | |
MAexp20: | 2.20 | |
MAexp50: | 2.27 | |
MAexp100: | 2.26 | |
Price / MA7: | +2.43% | |
Price / MA20: | -5.38% | |
Price / MA50: | -9.44% | |
Price / MA100: | -6.64% | |
Price / MAexp7: | +0.48% | |
Price / MAexp20: | -4.09% | |
Price / MAexp50: | -7.05% | |
Price / MAexp100: | -6.64% |
Quotes :
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15 min delayed data
-
NYSE MKT Stocks
News
The latest news and videos published on TASEKO MINES LTD. at the time of the analysis were as follows:
- Taseko Mines Announces the Appointment of Crystal Smith to its Board of Directors
- Taseko Reports Third Quarter 2024 Operational Performance and $48 Million of Adjusted EBITDA
- Taseko to Release Third Quarter 2024 Results
- Taseko Mines Provides Construction Update for Florence Copper
- Taseko Mines Limited - Taseko Reports Second Quarter 2024 Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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