Technical Analysis for TRCH - Torchlight Energy Resources, Inc.

Grade Last Price % Change Price Change
grade B 1.6 -7.51% -0.13
TRCH closed down 7.51 percent on Tuesday, March 26, 2019, on 1.68 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Down
See historical TRCH trend table...

Date Alert Name Type % Chg
Mar 26 MACD Bearish Signal Line Cross Bearish 0.00%
Mar 26 Wide Bands Range Expansion 0.00%
Mar 25 Pocket Pivot Bullish Swing Setup -7.51%
Mar 25 Stochastic Reached Overbought Strength -7.51%
Mar 25 Wide Bands Range Expansion -7.51%
Mar 25 Overbought Stochastic Strength -7.51%
Mar 22 20 DMA Support Bullish -6.43%
Mar 22 Hammer Candlestick Bullish -6.43%
Mar 22 1,2,3 Pullback Bullish Bullish Swing Setup -6.43%
Mar 22 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -6.43%

Older signals for TRCH ...

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Profile
Torchlight Energy Resources, Inc., an exploration stage company, engages in the acquisition, exploration, exploitation, and development of oil and natural gas properties in the United States. It holds interest in Texas, Oklahoma, and Kansas and targets established plays, such as the Eagle Ford, Hunton, and Maquoketa Dolomite/Viola formations. Torchlight Energy Resources, Inc. was founded in 2010 and is based in Plano, Texas.
Oil Natural Gas Properties Texas Oklahoma Kansas
Is TRCH a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 1.98
52 Week Low 0.532
Average Volume 378,983
200-Day Moving Average 1.0585
50-Day Moving Average 1.3029
20-Day Moving Average 1.553
10-Day Moving Average 1.651
Average True Range 0.1461
ADX 38.44
+DI 27.0402
-DI 15.9112
Chandelier Exit (Long, 3 ATRs ) 1.5417
Chandelier Exit (Short, 3 ATRs ) 1.6383
Upper Bollinger Band 1.862
Lower Bollinger Band 1.244
Percent B (%b) 0.58
BandWidth 39.793947
MACD Line 0.1081
MACD Signal Line 0.1124
MACD Histogram -0.0043
Fundamentals Value
Market Cap 96.34 Million
Num Shares 60.2 Million
EPS -0.09
Price-to-Earnings (P/E) Ratio -17.78
Price-to-Sales 1085.12
Price-to-Book 7.68
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.84
Resistance 3 (R3) 1.86 1.80 1.80
Resistance 2 (R2) 1.80 1.74 1.79 1.79
Resistance 1 (R1) 1.70 1.70 1.67 1.68 1.77
Pivot Point 1.64 1.64 1.63 1.63 1.64
Support 1 (S1) 1.54 1.58 1.51 1.52 1.43
Support 2 (S2) 1.48 1.54 1.47 1.41
Support 3 (S3) 1.38 1.48 1.40
Support 4 (S4) 1.36