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 12/17/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 2.05 USD
My targets
1.82 USD (-9.45%)
1.56 USD (-22.24%)
My analysis
The bearish trend is currently very strong for TASEKO MINES LTD.. As long as the price remains below the resistance at 2.05 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.82 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.56 USD as an objective. Crossing it would then enable sellers to target 1.51 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.9

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. 1H Weekly

Additional analysis

Quotes

TASEKO MINES LTD. rating 2.01 USD. On the day, this instrument lost -0.50% and was between 1.94 USD and 2.02 USD. This implies that the price is at +3.61% from its lowest and at -0.50% from its highest.

1.94
2.02
2.01

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

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:

Central Records

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of TASEKO MINES LTD. in Daily shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Central Indicators

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.07 1.51 1.82 2.01 2.05 2.39 2.62
Change (%) -46.77% -24.88% -9.45% - +1.99% +18.91% +30.35%
Change -0.94 -0.50 -0.19 - +0.04 +0.38 +0.61
Level Major Major Major - Major Major Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.881.951.982.052.082.152.18
Camarilla1.992.002.012.022.032.042.05
Woodie1.871.941.972.042.072.142.17
Fibonacci1.951.992.012.052.092.112.15


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.771.881.982.092.192.302.40
Camarilla2.022.042.062.082.102.122.14
Woodie1.771.881.982.092.192.302.40
Fibonacci1.881.962.012.092.172.222.30


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.191.561.822.192.452.823.08
Camarilla1.901.962.012.072.132.192.24
Woodie1.131.531.762.162.392.793.02
Fibonacci1.561.801.952.192.432.582.82

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 42.43
MACD (12,26,9): -0.0400
Directional Movement: -6.83
AROON (14): 71.43
DEMA (21): 2.02
Parabolic SAR (0,02-0,02-0,2): 2.20
Elder Ray (13): -0.08
Super Trend (3,10): 2.27
Zig ZAG (10): 1.99
VORTEX (21): 0.9200
Stochastique (14,3,5): 35.26
TEMA (21): 2.03
Williams %R (14): -78.85
Chande Momentum Oscillator (20): -0.07
Repulse (5,40,3): -2.1000
ROCnROLL: 2
TRIX (15,9): -0.3500
Courbe Coppock: 1.86
MA7: 2.08
MA20: 2.05
MA50: 2.21
MA100: 2.21
MAexp7: 2.05
MAexp20: 2.07
MAexp50: 2.15
MAexp100: 2.20
Price / MA7: -3.37%
Price / MA20: -1.95%
Price / MA50: -9.05%
Price / MA100: -9.05%
Price / MAexp7: -1.95%
Price / MAexp20: -2.90%
Price / MAexp50: -6.51%
Price / MAexp100: -8.64%

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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