Technical analysis from Tmac Resources Inc (TMR.TO.TO, TSE:TMR.TO) on the Toronto Stock Exchange (TSX). Download the latest price data & trading signals

Tmac Resources Inc
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Percentage volume oscillator remains negative for TMR
Percentage Volume /
Percentage volume oscillator remains negative for TMR

[BEARISH]: Tmac Resources Inc currently has negative PVO -7.18%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -2%.

Tmac Resources Inc: Current trading activity signals distribution is present
Accumulation / Distribution /
Tmac Resources Inc: Current trading activity signals distribution is present

[BEARISH]: Tmac Resources Inc current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -1.0688e+006.

Momentum /
Negative momentum: Price is now trading lower for Tmac Resources Inc than 5 days ago

[BEARISH CROSSOVER]: Tmac Resources Inc currently has negative momentum of -0.32 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is 1.7%.The largest downward momentum rally for the last 3 months is 19 days producing a return of -33%.

Medium Trend /
Daily trading has maintained an Uptrend medium trend for Tmac Resources Inc

[BULLISH]: Tmac Resources Inc is in an uptrend in the medium term timeframe. & the highest rally count for the LTM is 69. The highest rally for the month is 15

Rate of Change /
Tmac Resources Inc currently has negative rate of change for -2.97

[BEARISH]: Tmac Resources Inc currently has negative rate of change of -2.97%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Detrended Price Oscillator /
[Bearish]: Displaced moving average is currently above the price for TMR

[BEARISH]: Tmac Resources Inc currently has a confirmed downtrend. Price is currently below the displaced moving average for TMR. Currently, the return on DPO20 is 1.7%.

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On Balance Volume /
Traders are currently Distributing Tmac Resources Inc

[BEARISH]: Tmac Resources Inc current price has highlighted recent distribution. Currently, the OBV is -2.09988e+006.

Closing Price /
Tmac Resources Inc has reached a higher closing price of $5.88 (1.7 %)

[BULLISH]: Tmac Resources Inc current uptrend in the first timeframe. Currently, the Close is $5.88.

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Low for TMR has surpassed the low of the previous trading session
Low Price /
Low for TMR has surpassed the low of the previous trading session

[BEARISH]: Tmac Resources Inc current uptrend in the first timeframe. Currently, the Low is $5.78 (0.5 %).

Buyers of Tmac Resources Inc were in control at the market close.
Close Tod Vs Range Tod /
Buyers of Tmac Resources Inc were in control at the market close.

TMR: Close versus price range Current Signal ->(1) 22 Jun: BULLISH (2) 21 Jun: BEARISH (3) 20 Jun: NEUTRAL

Fibonacci Retracements /
The 61.8% Fibonacci retracement level for TMR is bullish. Stoploss should be positioned @$43.4

Tmac Resources Inc: The current Fibonacci Retraction levels are: (23.61%) $6.5: (38.2%) $4.68: (50%) $4.5: (61.8%) $4.31The current support levels are: (78.6%) $4.04: (100%) $3.7: (138.2%) $3.09: (161.8%) $2.72: (261.8%) $1.13: (423.61%) $-1.45

Exponential Moving Average /
[Bullish]: EMA(5) is serving as a support line for Tmac Resources Inc

[BULLISH]: Tmac Resources Inc currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 1.7%.

Price Range /
[Bearish]: Range has decreased for TMR during the last trading session

TMR: Price Range Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BULLISH (3) 20 Jun: BEARISH

Price dipped caused by low volume trading for Tmac Resources Inc during last trading session
Ease of Movement /
Price dipped caused by low volume trading for Tmac Resources Inc during last trading session

TMR: EOM Current Signal -> (1) 22 Jun: BEARISH EASY (2) 21 Jun: BULLISH EASY (3) 20 Jun: BEARISH EASY

Tmac Resources Inc is in a short term uptrend with the closing price @$5.88
Triangular Moving Average /
Tmac Resources Inc is in a short term uptrend with the closing price @$5.88

[BULLISH]: Tmac Resources Inc currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 1.7%.

Demarks Pivot Points /
[Long]: Entry price for TMR should be set @$5.875

Tmac Resources Inc has broken the first DeMark resistance point ($5.8750) [Bullish]. Look for a long limit order entry near this point. Exit price for TMR should be set @$5.97 & Stoploss for Tmac Resources Inc should be set at $5.83

Close Tod Vs Close Yest /
Closing price for TMR ($5.88) signals buyers are now keener than sellers

[BULLISH]: Tmac Resources Incbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for TMR adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 13.8 & the greatest daily positive change this year has been 13.8. The longest consecutive upswing rally over the last 12 months has been 8 days giving a total rally upward movement of 30.3%. This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 8.7%. The win ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 0.8x. Over the last month the average daily upward movement has been 5.800000%

MACD /
[Bullish]: Tmac Resources Inc currently has positive MACD histogram 0.0942

TMR: MACD Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

Volume MACD oscillator remains negative for TMR
MACD Volume /
Volume MACD oscillator remains negative for TMR

[BEARISH]: Tmac Resources Inc currently has negative Volume MACD of -4481. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Average True Range for Tmac Resources Inc has signalled an downtrend is active
Average True Range /
Average True Range for Tmac Resources Inc has signalled an downtrend is active

[Bearish]: Average True Range has confirmed an downtrend is present. Tmac Resources Inc has a TR of 0.14, and an ATR(14) of 0.352.

PPO: The shorter moving average for TMR is still below the longer term moving average
Percentage Price /
PPO: The shorter moving average for TMR is still below the longer term moving average

[BEARISH]: Tmac Resources Inc currently has negative PPO -2.618%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Volume /
[Bearish]: Lower volume has formed for TMR by -12.9 during the last trading session

[BEARISH]: Tmac Resources Inc current volume downtrend in the first timeframe. Volume for TMR is 62638 (-12.9).

Weighted Moving Average /
Tmac Resources Inc: Weighted Moving Average(5) (5.876)

[BULLISH]: Tmac Resources Inc currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 1.7%.

Opening Price /
Tmac Resources Inc: Daily opening price is $5.84

[BULLISH]: Tmac Resources Inc opening price has gapped up. Currently, the OPEN is $5.84 (-3.6 %).

Short White Candle /
TMR Basic Candle: Short White

[BULLISH WEAK]: Tmac Resources Inc has formed a Short White candlestick. This means, TMR has limited price movement derived from weak buying pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Tmac Resources Inc: Current trading activity signals DVI accumulation is present
Daily Volume Index /
Tmac Resources Inc: Current trading activity signals DVI accumulation is present

[BULLISH]: Tmac Resources Inc current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 182.

[Short]: Limit orders for Tmac Resources Inc should be set at $0
Fibonacci Extensions /
[Short]: Limit orders for Tmac Resources Inc should be set at $0

Tmac Resources Inc has moved above the 161.8% level ($0) [Bearish]. Look for a short limit order entry near this point. Exit price for TMR should be set @$0 & short position stoploss for Tmac Resources Inc should be set at $0

Elder Ray Index /
Daily trading has increased the bull power to drive prices for Tmac Resources Inc

[BULLISH]: Tmac Resources Inc Elder Ray Index is signalling a Bullish movementERI is 0.079 indicating bull power. Prices are being driven above the consensus of value for TMR during the last trading session [Buying Pressure]

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