Technical Analysis for TRCH - Torchlight Energy Resources, Inc.

Grade Last Price % Change Price Change
grade F 0.843 -2.88% -0.03
TRCH closed down 2.88 percent on Thursday, October 17, 2019, on 1.13 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical TRCH trend table...

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness -2.88%
Inside Day Range Contraction -2.88%
Wide Bands Range Expansion -2.88%
Down 3 Days in a Row Weakness -2.88%

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: 0 bullish, 3 bearish and 2 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 175,974
200-Day Moving Average 1.2821
50-Day Moving Average 1.1571
20-Day Moving Average 1.0323
10-Day Moving Average 0.9555
Average True Range 0.0827
ADX 18.99
+DI 14.0906
-DI 23.8849
Chandelier Exit (Long, 3 ATRs ) 0.9819
Chandelier Exit (Short, 3 ATRs ) 1.0721
Upper Bollinger Band 1.2392
Lower Bollinger Band 0.8254
Percent B (%b) 0.04
BandWidth 40.085247
MACD Line -0.0805
MACD Signal Line -0.0631
MACD Histogram -0.0173
Fundamentals Value
Market Cap 50.76 Million
Num Shares 60.2 Million
EPS -0.09
Price-to-Earnings (P/E) Ratio -9.37
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) 0.93
Resistance 3 (R3) 0.93 0.92 0.91
Resistance 2 (R2) 0.92 0.89 0.91 0.91
Resistance 1 (R1) 0.88 0.88 0.87 0.87 0.90
Pivot Point 0.86 0.86 0.85 0.86 0.86
Support 1 (S1) 0.82 0.84 0.81 0.82 0.78
Support 2 (S2) 0.80 0.83 0.80 0.78
Support 3 (S3) 0.77 0.80 0.77
Support 4 (S4) 0.76