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 10/21/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

44%

33%

My opinion

Bearish under 2.48 USD

My targets

2.33 USD (-2.10%)

2.17 USD (-8.82%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on TASEKO MINES LTD. as long as the price remains well below 2.48 USD. The sellers' bearish objective is set at 2.33 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.17 USD. In case of crossing, the next objective would be the support located at 2.09 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

Force

6.8

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The TASEKO MINES LTD. rating is 2.38 USD. The price registered a decrease of -0.42% on the session and was traded between 2.35 USD and 2.47 USD over the period. The price is currently at +1.28% from its lowest and -3.64% from its highest.

2.35

2.47

2.38

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

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:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of TASEKO MINES LTD. in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

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

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.09	2.17	2.33	2.38	2.39	2.48	2.62
Change (%)	-12.18%	-8.82%	-2.10%	-	+0.42%	+4.20%	+10.08%
Change	-0.29	-0.21	-0.05	-	+0.01	+0.10	+0.24
Level	Minor	Minor	Major	-	Major	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.30	2.34	2.37	2.41	2.44	2.48	2.51
Camarilla	2.37	2.38	2.38	2.39	2.40	2.40	2.41
Woodie	2.29	2.34	2.36	2.41	2.43	2.48	2.50
Fibonacci	2.34	2.37	2.39	2.41	2.44	2.46	2.48

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.15	2.24	2.32	2.41	2.49	2.58	2.66
Camarilla	2.34	2.36	2.37	2.39	2.41	2.42	2.44
Woodie	2.14	2.24	2.31	2.41	2.48	2.58	2.65
Fibonacci	2.24	2.31	2.35	2.41	2.48	2.52	2.58

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.29	1.59	2.05	2.35	2.81	3.11	3.57
Camarilla	2.31	2.38	2.45	2.52	2.59	2.66	2.73
Woodie	1.38	1.63	2.14	2.39	2.90	3.15	3.66
Fibonacci	1.59	1.88	2.06	2.35	2.64	2.82	3.11

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):	40.09
MACD (12,26,9):	-0.0100
Directional Movement:	7.42
AROON (14):	57.15
DEMA (21):	2.39
Parabolic SAR (0,02-0,02-0,2):	2.35
Elder Ray (13):	-0.01
Super Trend (3,10):	2.45
Zig ZAG (10):	2.37
VORTEX (21):	0.8500
Stochastique (14,3,5):	37.12
TEMA (21):	2.40
Williams %R (14):	-79.17
Chande Momentum Oscillator (20):	0.00
Repulse (5,40,3):	-4.2500
ROCnROLL:	2
TRIX (15,9):	-0.0700
Courbe Coppock:	0.42

MA7:	2.41
MA20:	2.50
MA50:	2.29
MA100:	2.32
MAexp7:	2.39
MAexp20:	2.40
MAexp50:	2.43
MAexp100:	2.44
Price / MA7:	-1.24%
Price / MA20:	-4.80%
Price / MA50:	+3.93%
Price / MA100:	+2.59%
Price / MAexp7:	-0.42%
Price / MAexp20:	-0.83%
Price / MAexp50:	-2.06%
Price / MAexp100:	-2.46%

Quotes : - 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:

This member declared not having a position on this financial instrument or a related financial instrument.

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