Technical Analysis for TRCH - Torchlight Energy Resources, Inc.

Grade Last Price % Change Price Change
grade F 0.3095 -0.16% 0.00
TRCH closed down 0.16 percent on Friday, August 7, 2020, on 64 percent of 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
Historical TRCH trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Down 3 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -0.16%
NR7 Range Contraction -0.16%
Oversold Stochastic Weakness -0.16%
Inside Day Range Contraction -2.76%
Oversold Stochastic Weakness -2.76%
20 DMA Resistance Bearish -4.06%
Doji - Bearish? Reversal -4.06%

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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 Oklahoma

Is TRCH a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1.47
52 Week Low 0.28
Average Volume 873,409
200-Day Moving Average 0.55
50-Day Moving Average 0.36
20-Day Moving Average 0.33
10-Day Moving Average 0.32
Average True Range 0.03
ADX 8.78
+DI 18.63
-DI 20.43
Chandelier Exit (Long, 3 ATRs ) 0.33
Chandelier Exit (Short, 3 ATRs ) 0.39
Upper Bollinger Band 0.38
Lower Bollinger Band 0.29
Percent B (%b) 0.24
BandWidth 26.67
MACD Line -0.01
MACD Signal Line -0.01
MACD Histogram -0.0018
Fundamentals Value
Market Cap 18.64 Million
Num Shares 60.2 Million
EPS -0.09
Price-to-Earnings (P/E) Ratio -3.44
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) 0.33
Resistance 3 (R3) 0.33 0.32 0.33
Resistance 2 (R2) 0.32 0.32 0.32 0.33
Resistance 1 (R1) 0.32 0.31 0.31 0.32 0.32
Pivot Point 0.31 0.31 0.31 0.31 0.31
Support 1 (S1) 0.30 0.30 0.30 0.30 0.29
Support 2 (S2) 0.29 0.30 0.29 0.29
Support 3 (S3) 0.29 0.29 0.29
Support 4 (S4) 0.29