Trx Gold Corp Stock Overlap Studies Bollinger Bands

TNX Stock  CAD 42.89  0.47  1.08%   
TRX Gold overlap studies tool provides the execution environment for running the Bollinger Bands study and other technical functions against TRX Gold. TRX Gold value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Bollinger Bands study function is designed to identify and follow existing trends. TRX Gold overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Time Period, Deviations up, Deviations down, and MA Type.

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. TRX Gold middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for TRX Gold Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

TRX Gold Technical Analysis Modules

Most technical analysis of TRX Gold help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for TRX from various momentum indicators to cycle indicators. When you analyze TRX charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About TRX Gold Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TRX Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of TRX Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing TRX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TRX Gold's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of TRX Gold's intrinsic value. In addition to deriving basic predictive indicators for TRX Gold, we also check how macroeconomic factors affect TRX Gold price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Days Sales Outstanding29.9134.3932.68
PTB Ratio2.042.352.23
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TRX Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
2.1442.894,332
Details
Intrinsic
Valuation
LowRealHigh
2.1943.754,333
Details
Naive
Forecast
LowNextHigh
0.8240.76166.76
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.010.010.01
Details

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Other Information on Investing in TRX Stock

TRX Gold financial ratios help investors to determine whether TRX Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TRX with respect to the benefits of owning TRX Gold security.